2022 Belgrade, MT Real Estate Listings
‘Want a House in Belgrade? – Sales Report – Belgrade History – Schools
Belgrade Montana is approximately 11 miles from Bozeman, MT, where prices are substantially higher.
Because Belgrade is close to and less expensive than Bozeman, it’s a lifestyle choice worth looking at.
This proximity to Bozeman, and more affordable real estate choices, makes Belgrade (and others) an attractive alternative to Bozeman.
Chart 1: In the last 12 months, Belgrade real estate prices increased from $347,825 to $484,900, an increase of ⇑ $137,075 or ⇑ 39.4%.
In the last year, Belgrade real estate prices (now $494,900) have increased such that they now match those of Bozeman ($493,450) in March 2021, just 10 months ago!
Average sales prices ⇑ in Belgrade have risen from $245,000 in January 2017 to $322,400 in January 2020, to $484,900 in January 2022: a ⇑ $239,900 increase or ⇑ 98% increase in 5 years!
The gap has been widening in residential (single-family dwellings, condos, townhouses) sales prices between the two cities.
The spread was $102,925 in January 2015, increased to $134,475 in January 2018, and in January 2022, the gap is $186,745.
Bozeman’s average sales price has increased slightly less, ⇑ $300,000 or ⇑ 89.5%, during that same 5-year period!
Residential real estate in Belgrade is more affordable than in Bozeman.
Chart 2: Both Belgrade and Bozeman residential real estate (houses, condos, townhouses) for sale numbers have been dropping since mid-2020 and are presently stable at 31 and 177 respectively.
Consequently, Belgrade remains the more affordable town for families searching for a single-family dwelling.
In fact, other southwest Montana cities, like Manhattan and Three Forks are less expensive and reasonably close to Bozeman.
Bozeman Real Estate Listings – Big Sky Real Estate Listings – Gallatin Gateway MT Real Estate Listings – Livingston Montana Real Estate Listings – Manhattan MT Real Estate Listings – Three Forks Montana Real Estate Listings
