Search Real Estate Listings For Sale in Bozeman, Montana – MLS Maps and Photos
Q2 2024: Residential Bozeman real estate costs $750,000 (median) – ‘Want a home? – Condo?
Sales of residential property (homes, condos, townhomes) in Bozeman are slightly down – Bozeman Realty Forecast
Bozeman, MT has been named the best place in the Rockies for healthy living and technology startups.
Chart 1: In the last 10 years, sales prices for all Bozeman residential properties have climbed, and especially from 2019 to 2022!
Prices began declining in Q3 2022 and continued until Q1 2023, rising and falling ever since.
Condo and townhome prices are rebounding after falling in mid-2022.
Presently, median home price is $951,650, median price for condos is $524,900, and median price for a townhome is down to $565,000.
Median sales prices throughout Bozeman began increasing above the average annual rate–about 9%–in May 2020, no doubt from from Covid-related, relocation.
After a bumpy 2023, the residential market is rebounding.
More Bozeman Real Estate Price Data
Overall, from the beginning of the Coronavirus rush for residential housing–includes homes, condos, townhouses–in March 2020 to October 2022, median sales price in Bozeman moved from $429,450 to $751,500, rising ⇑ $310,550 or ⇑ 77.3% in ~32 months.
Q2 2024: In the last 3 quarters, prices took a tumble but have rebounded in 2024 from Q4 2023’s $715,000.
Chart 2: The number of Bozeman residential listings is down in 2024.
Inside Bozeman’s city limit, the number of residential dwellings–homes, condos, townhomes–for sale (272) is up ⇑ 42 from
Q2 2023’s 228.
Outside the city, Q2 2024: the number of residential dwellings for sale is 136, up from Q2 2023’s 232.
In late 2023, the number of residential dwellings for sale has flattened.
When Covid Began Dramatically Affecting Bozeman Properties
Looking back: Prior to March 2020, roughly when Covid refugees hit Bozeman, the real estate sales cycle inside and outside the city had been fairly stable, rising in the Spring and falling in late summer/ fall.
Looking way back: the drop from June 2017’s 380 listings in all of Bozeman–inside and outside–to the present 135 in June 2022, is a ⇓ 245 or ⇓ 64.5% drop in residential listings in Bozeman in last 5 years.
According to Livability, Bozeman is a Best Place To Live and Bozeman is a Best Place To Raise A Family
I offer you extensive experience finding distinctive Bozeman properties as well as the knowledge and expertise you need to choose and secure the right Bozeman, Montana property.
Buyers: I have the knowledge, expertise, and negotiating experience required to help you choose and secure the right real estate to fit your requirements.
Sellers: I provide you with superior Southwest Montana realty services for selling residential and luxury properties, land, or ranches in the Bozeman, Montana region.
The Gallatin Valley region has received high livability rankings in “resiliency” and “civic capacity and engagement.”
Both buyers and sellers of property: I offer you 17 years of experience negotiating large, complex contracts for farm and ranch, building lots and land, luxury homes, commercial realty, and residential property.
Bozeman, Montana is the setting for Montana State University (MSU) and the city has a highly educated, vibrant, diversified workforce.
Fifty-seven percent (up from 43% just a few years ago) of Bozeman residents have at least a bachelor’s degree. And all but about 2% have a high school diploma.
