August 20th, 2021

Bozeman Homes For Sale

Taunya Fagan Bozeman Homes

Bozeman Homes For Sale – New Homes – How Much Do Houses Cost In Bozeman?

Average Days on Market ⇓ – Median Sales Prices ⇑ – Number Homes For Sale ⇓ – Bozeman Absorption Rates Condos/Townhomes Here

Bozeman Home Listings $100000 to $200000Bozeman Home Listings $700000 to $800000
Bozeman Home Listings $200000 to $300000Bozeman Home Listings $800000 to $900000
Bozeman Home Listings $300000 to $400000Bozeman Home Listings $900000 to 1 million
Bozeman Home Listings $400000 to $500000Bozeman Home Listings 1 million to 2 million
Bozeman Home Listings $500000 to $600000Bozeman Home Listings 2 million to 3 million
Bozeman Home Listings $600000 to $700000Bozeman Home Listings 3 million to 5 million
LUXURY HOMES, ABOVE $700,000Bozeman Home Listings Over 5 million

A Bozeman home costs $679,500 in August 2021

Median Sales Price Bozeman Homes For Sale, Inside and Outside City Limits
Chart 1: Median Sales Price Inside and Outside City Limits, & *Bozeman.

Bozeman Housing Boom Continues Into August 2021 

Chart 1: the median sales price for Bozeman homes inside the city is $638,000, up $93,000 or ⇑ 17% from January 2021’s $545,000.

Outside Bozeman city limits, median sales price is $774,900, up $98,800, ⇑ 14.6%, from January 2021’s $676,100.

Together, inside and outside the city, the overall cost of a home in Bozeman is $679,500 in August 2021.

Bozeman home prices have been increasing for over 7 years and the forecast is for continued increases as the area struggles to keep up with Bozeman’s housing boom.

Home prices have been increasing sharply since March 2020; prior to this, prices had mostly stagnated in Q1 2020.

Median Percent of List Price Inside and Outside City Limits.
Chart 2: Median Percent of List Price Inside City Outside City & Bozeman.

In Q3 2021, we continue with the steepest rise in Bozeman home sales prices in history, ⇑ 27% or ⇑ $144,500 above Q3 2020 prices.

Looking Back: January 2021 vs January 2020

Inside Bozeman City Limits: January 2021 price was $545,000, $80,000, 18.5% more than January 2020’s $460,000.

Outside Bozeman city limits: January 2021 price was $676,100 ⇑ $121,100, ⇑ 22% above January 2020s $555,000.

Bozeman Home Prices Back In 2020

In Q4 2020, Bozeman home sales prices inside the city rose to $530,000, ⇑ $63,000 or ⇑ 13.5% increase in price over January 2020’s price.

Number homes For Sale Bozeman, Inside and Outside City
Chart 3: Total #Bozeman Homes For Sale Inside City, Outside City & Bozeman.

Outside Bozeman city limits: median home sales prices began Q1 (January) 2020 around $555,000 and rose $5,000, less than 1%, to $560,000 by the end of Q1. But by the end of Q4, median sales price had risen ⇑ 19%, ⇑ $126,2000! to $681,200.

Chart 2: In Q1 2021, Median percent of last list price was 100% inside the city and about 99% outside Bozeman.

In December 2020, the median percent of last list price for Bozeman single-family homes hit 100%, for the first time since April 2018.

High percent of (last) list price is a testament to the housing boom Bozeman has been experiencing since early Q1 2020.

Price trends for Bozeman homes continues upward.

Bozeman Home Sales History

Average Days On Market of Bozeman Homes For Sale Inside and Outside City Limits
Chart 4: Average Days On Market Inside, Outside City Limits, & *Bozeman.

Chart 3: May 2021, the number of homes for sale throughout the Bozeman area has been dropping for years.

Except for a small rise in the first half of 2020, the number of homes for sale ⇓ inside and outside the city of Bozeman continues downward in 2021.

In May 2020, there are 22 homes for sale inside Bozeman.

In May 2021, there are 47 homes for sale outside Bozeman, which is 102 lower, about a ⇓ 217% drop in homes for sale outside Bozeman in May 2020 than its 149.

Average Days On Market

Chart 4: In 2021, average days on market for Bozeman homes in and outside the city continues declining.

March 2021, average days on market for a Bozeman home inside city limits was 37 days.

Also in March 2021, average days on market outside Bozeman was 61.

Taunya’s Featured Area Homes And Land For Sale

1891 W Cameron Bridge Road, Bozeman Bozeman Real Estate $7,895,000
TBD  MT HWY 359, Cardwell Cardwell Real Estate $3,750,000
20  Eerie Drive, Columbus Columbus Real Estate $3,500,000
122 S Big Elk Meadow, Gallatin Gateway Gallatin Gateway Real Estate $2,750,000
3300  Cottonwood Ranch Trail, Bozeman Bozeman Real Estate $2,475,000
48  Vera Court, Bozeman Bozeman Real Estate $2,295,000
56  Big Chief Trail, Bozeman Bozeman Real Estate $959,000
420 N 21st Avenue, Bozeman Bozeman Real Estate $675,000


Taunya Fagan Bozeman Homes – Boutique Luxury @ ESTATE House, 3960 Valley Commons Drive, Suite 1, Bozeman, MT 59718 – Call 406.579.9683 

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