June 26th, 2020

Bozeman Land For Sale

Bozeman Land For Sale

Bozeman Land For Sale, 2020 – Commercial and Building Lots – Ranch and Farm Land 

Land Listings in Bozeman: Large Parcels, Farming Acreage, Subdivision Lots, Hunting Land in Gallatin County MT.

All Bozeman Land For Sale: Over 270 Listings – Pages Updated Hourly

Bozeman Land Listings Under $150000Bozeman Land Listings $600000 To $700000
Bozeman Land Listings $150000 To $200000Bozeman Land Listings $700000 to $800000
Bozeman Land Listings $200000 To $250000Bozeman Land Listings $800000 To $900000
Bozeman Land Listings $250000 To $300000Bozeman Land Listings $900000 To $1000000
Bozeman Land Listings $300000 To $350000Bozeman Land Listings $1000000 To $2000000
Bozeman Land Listings $350000 To $400000Bozeman Land Listings $2000000 To $5000000
Bozeman Land Listings $400000 To $500000Bozeman Land Listings Above $5000000
Bozeman Land Listings $500000 To $600000All Montana Land For Sale

Bozeman, one of the fastest growing, small cities in the US, is situated in the eastern part of Montana’s 2632 square mile Gallatin Valley, in Gallatin County, Montana’s fastest growing county.

Bozeman Land For Sale Median Sales Price
Median Sales Price 2014 to Present, Bozeman Land For Sale

Since 2017, median sales prices for Bozeman land have risen significantly–more than doubling–from $105,000 in-city and $142,000 outside Bozeman city limits to $256,000 inside the city and $400,000 outside the city in Q2 2020.

From early 2016 to early 2020, the months of inventory of Bozeman in-city land dropped significantly during 2016, from 15.7 months in March 2016 to 2.9 in November 2017.

Out-of-city months of inventory, starting January 2015 began decreasing from 22.1 to 11.1 months, March 2017, at which time it began increasing to 18.5, January 2019. Months of inventory then began decreasing, January 2019, to the present 14.9 months of inventory in Q2 2020.

In Bozeman city limits, Months supply then began increasing to 11.1 months, September 2019. months on market is now 9.9, Q2 2020.

Bozeman Land For Sale, Median Days on Market
Months’ Supply of Properties 2014 to Present, Bozeman Land For Sale

For the last 2 years, inventory has remained low, averaging about 20 listings/month, down 41% from a high of 35 listings/month in January 2015.

During this same period, 2015-2020, Bozeman’s population has climbed at a rate close to 30%.

Since 2010, Gallatin County’s population  has grown about 25%. Learn about Gallatin County’s Triangle Plan.

Bozeman’s growth is consuming farmland, so availability of large parcels of Bozeman land is diminishing and prices are increasing for all sizes of land.

And, many land owners are placing their property into Conservation Easements, further diminishing the availability, and pushing up the prices, of land.

Twenty years ago, Bozeman land was reasonably priced for the time, but now, in early 2020, the region’s growth and demand for land has driven up the area’s land prices way beyond what most locals would have envisioned possible 20 years ago. 

Compared to the cost of land in comparably-sized cities, Bozeman’s land is increasingly more expensive and acreage will continue to accrue in value at a greater rate than similarly-sized cities…as long as Bozeman growth continues and/or the economy remains vibrant.


LISTINGS IN OTHER SOUTHWEST MONTANA CITIES:

BOZEMAN LUXURY REAL ESTATE LISTINGS – BELGRADE MT REAL ESTATE LISTINGS – BIG SKY REAL ESTATE LISTINGS – GALLATIN GATEWAY MONTANA REAL ESTATE LISTINGS – LIVINGSTON MT REAL ESTATE LISTINGS – MANHATTAN MT REAL ESTATE LISTINGS – THREE FORKS MONTANA REAL ESTATE LISTINGS – BRIDGER CANYON HOMES – JACKSON CREEK HOMES


BOZEMAN REAL ESTATE REPORTS

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Taunya Fagan

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