Bozeman Condos & Townhomes For Sale
Condos Cost $445,000 (median) in Bozeman…⇑ $10,000 in 2022 ($518,135 average).
Chart 1: March 2022: For years, condo (and townhome) prices have been increasing both inside and outside Bozeman city limits.
Condo prices ticked up significantly in March 2021 and continue upward in 2022.
So far in 2022, condo sales prices outside Bozeman ($469,900) have flattened.
Inside Bozeman from March 2021 to March 2022, median condo prices increased from $325,000 to $435,000, a ⇑ $110,000 or ⇑ 33.8% increase in one year.
Outside Bozeman city limits, condo and townhome prices climbed from $355,000 in March 2021 to $469,900 in March 2022, a ⇑ $114,000 or ⇑ 32.1% increase in price.
Chart 2: Average days on market in all of Bozeman began dropping significantly in September of 2020, moving down from 50 days to the present 24; this figure has been constant since October 2021.
Twenty-four days on market before selling makes buyers act quickly or lose out on that condo or townhouse!
Presently, median days on market is 5 ⇒ Median or Average? Which one should I trust?
Pros and Cons of Condo Living – Should I Buy a Condo?
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 own the property underneath your condominium.
In contrast, you DO own the inside, the outside, and the property on which your townhouse is built. Typically, both condos and townhomes have HOA’s, “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