Search Real Estate Listings For Sale in Bozeman, Montana – MLS Maps and Photos
November 2022: Residential Bozeman real estate costs $740,000 (median) – ‘Want a home? – Condo?
Sales of residential property (homes, condos, townhomes) in Bozeman are slightly down – Bozeman Realty Forecast
Chart 1: In the last 10 years, ⇑ sales prices for all Bozeman residential properties have climbed, and dramatically in the last 2 years! But, prices have begun declining.
Median sales prices throughout Bozeman began increasing above the average annual rate–about 9%–in May 2020, no doubt from from Covid-related, relocation.
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 $740,000, rising ⇑ $310,550 or ⇑ 72.3% in ~32 months.
Chart 2: November 2022: Inside Bozeman’s city limit, the number of residential dwellings–homes, condos, townhomes–for sale is up ⇑ 74 from last October’s 76 to today’s 150.
Five years ago the number of residential dwellings for sale inside Bozeman was 380.
Chart 2: Outside the city, November 2022: the number of residential dwellings for sale is 162. Last year it was 74.
The number of residential dwellings for sale in the month of November increased by ⇑ 87 compared to past year.
In 2017, the November number was 163.
When Covid Began Dramatically Affecting Bozeman Properties
Looking back: Prior to March 2020, roughly when Covid refugees hit Bozeman, real estate for sale inside and outside the city had been fairly stable.
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.
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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.