June 1st, 2021

Bozeman Condos For Sale

The Village Bozeman Condos and Townhomes Taunya Fagan

Bozeman Condos For Sale- Downtown Condos and Townhomes in Bozeman

May 2021 Update: Condos Cost $492,100 in Bozeman. 

Condo and Townhome prices moving up outside Bozeman and flattening inside Bozeman.

Bozeman Condo Listings Under $100000Bozeman Condo Listings $800000 to $900000
Bozeman Condo Listings $100000 to $200000Bozeman Condo Listings $900000 to 1 million
Bozeman Condo Listings $200000 to $300000Bozeman Condo Listings 1 million to 2 million
Bozeman Condo Listings $300000 to $400000Bozeman Condo Listings 2 million to 3 million
Bozeman Condo Listings $400000 to $500000Bozeman Condo Listings 3 million to 4 million
Bozeman Condo Listings $500000 to $600000Bozeman Condo Listings 4 million to 5 million
Bozeman Condo Listings $600000 to $700000Bozeman Condo Listings Over 5 million
Bozeman Condo Listings $700000 to $800000

Median Sales Price Bozeman Townhouses
Chart 1: Median condo prices (only), inside and outside Bozeman (combined red).

Chart 1: June 2021: Condo prices have been steadily increasing for years inside and outside Bozeman city limits.

Last June (2020) the sales price for condos in Bozeman dropped, breaking Bozeman’s previously steady, multi-year upward trend, but by August 2020 prices were at record highs.

Inside Bozeman from June 2020 to June 2021, condo prices increased from $310,000 to $349,000, a ⇑ $39,000 or ⇑ 12.6% increase in one year.

Outside Bozeman city limits, June 2020, condo and townhome prices climbed from $339,900 in June 2020 to $378,700 in June 2021, a ⇑ $38,800 or ⇑ 11.4% increase in price.

Chart 2: Average days on market throughout the Bozeman market began dropping significantly last August (2020) from just 22 days to June 2021, in which a home is only on the market an average of 6 days before selling!

Days on market for condos and townhomes inside the city is 6 and outside Bozeman, days on market is 12.

The Pros and Cons of Bozeman Condo Living  –  Should I Buy a Condo in Bozeman, MT?

Median Sales Price Bozeman Condos and Townhomes
Chart 2: Average days on market, condos AND townhomes (combined in red).

Life in a Bozeman townhouse or condo is different from life in a single-family, Bozeman home. Compared to single-family living, the Bozeman condominium or townhome lifestyle has its own particulars.

Before you consider owning a Bozeman condo or townhouse, ensure that the lifestyle is right for you. There is a growing number of condominiums in downtown Bozeman, MT where land is at a premium.

If you want to be in the heart of Bozeman’s downtown, a condominium or townhouse may be a good choice. If you specifically desire to live in a Bozeman condo community or townhome, please call.

Remember the general condo rule: You own the inside only. You do NOT own the outside or the property underneath your condominium. In contrast, you DO own the inside, the outside, and the property underneath your townhouse. Typically, both have HOAs “Homeowners Associations.”


When considering a condo in Bozeman, MT, read Montana Code Annotated: Condos

Big Sky Condos For Sale – Search Properties For Sale in Specific Southwest Montana Cities:

Bozeman Real Estate Listings – Belgrade MT Real Estate Listings – Big Sky Real Estate Listings – Gallatin Gateway Montana Real Estate Listings – Livingston Montana Real Estate Listings – Manhattan MT Real Estate Listings – Three Forks Montana Real Estate Listings

BOZEMAN REAL ESTATE REPORTS

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Taunya Fagan

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