April 9th, 2021

Bozeman Land For Sale

Bozeman Land For Sale

Bozeman Land For Sale, 2021 – Commercial and Building Lots – Ranch, Farm, Hunting Land 

Land For Sale in Bozeman and Gallatin County MT – Over 60 Listings – Continuous Updates

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

Chart 1: In the last 5 years, (since April 2016) median sales prices for all sizes of Bozeman land has risen significantly, from $82,900 in Bozeman and $107,800 outside the city to $135,000 inside Bozeman and $305,000 outside the city in April 2021.

Generally, months of inventory drops at the end of each year and rises during summer and into early fall.

Chart 2: From April 2016 to April 2021, the months of inventory of Bozeman in-city land dropped significantly during 2016, from 9.4 months in April 2016 to 3 months in April 2021.

Out-of-city months of inventory, starting April 2016 began decreasing from 8.7 months to 3.8 months, April 2021.

In mid-2018, months of inventory was even lower than it is now in April 2021.

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

For the last 3 years, inventory for all Bozeman land has remained low, averaging about 16 listings/month.

From 2005-2020, Bozeman’s population rose ~33%.

Pressures of Growth

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 landowners are placing their property into Conservation Easements, further diminishing the availability and increasing the price of land in Bozeman.

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.


Bozeman Real Estate Listings – Belgrade MT Real Estate – 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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