Bozeman Real Estate Listings in 2026 – END OF 2025 DATA
Q4 2025: Residential Bozeman real estate is $775,000 – ‘Homes? – Condos?
Sales of Bozeman residential property (homes, condos, townhomes) ⇓ 8 to 249 from Q4 2024
Bozeman, MT has been named the best place in the Rockies for healthy living and technology startups.
Chart 1: At the end of 2025, Bozeman real estate prices increased $49,500 or ⇑ 6.5% from the end of Q4 2024, moving up from $763,000 to $812,500.
In the last 10 years, sales prices for all Bozeman residential properties have climbed, and especially from Q2 2020 to Q1 2022, after which prices have stayed about $700,000!
Realty prices in Bozeman were above $800,000 in Q3 and Q4 2025 and remain there into 2026.
Home prices have remained over $800,000’s since Q1 2022 and hit a record level $997,000 in Q3 2025!
Condo and townhome prices have risen and fallen since Q2 2022, but in early 2026 they average in the mid-$500,000’s.
In the period Q3 to Q4 2025, median home price dropped from a record $997,000 to $900,000.
From Q3 to Q4 2025, median price for condos dropped from $622,500 to $470,000.
Median sales prices throughout Bozeman began increasing above the average annual rate–about 9%–in May 2020.
Prices dropped to $751,550 in Q3 2022, hit $825,000 one year later and average $812,500 at the end of 2025.
More Bozeman Real Estate Price Data
Overall, from the beginning of the Coronavirus rush for residential housing in June 2020 to March 2022, median sales price in Bozeman moved from $435,000 to $740,000, rising ⇑ $305,000 or ⇑ 41.2% in ~32 months.
In the last 3 years, Bozeman real estate prices have plateaued around $750,000.
Chart 2: The number of Bozeman residential listings has been rising since early 2022.
Inside Bozeman’s city limit, the number of residential dwellings for sale is 228, down ⇓ 40 since November 2025.
Outside the city, the number of residential dwellings–homes, condos, townhomes–for sale is 117, ⇓ 36 from November 2025.
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 135 in June 2022, was a ⇓ 245 or ⇓ 64.5% drop in residential listings in Bozeman in 5 years.
According to Livability, Bozeman is a Best Place To Live and Bozeman is a Best Place To Raise A Family
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The Gallatin Valley region has received high livability rankings in “resiliency” and “civic capacity and engagement.”
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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.
