April 7th, 2024

Downtown Bozeman Homes For Sale

723 Sth 3rd Historic Downtown Bozeman Homes For Sale

In Q1 2024, a Bozeman Home Downtown is $795,000, Inventory, 43 Homes.

Q4 2023$684,90045
Q3 2023$829,25056
Q2 2023$785,00040
Q1 2023$860,00026
Q4 2022$790,00035

Home Sales Down, Prices Up

Photo Bozeman downtown, median home sales price history.
Chart 1: Bozeman downtown, median home sales price history.

Chart 1: Well into Q2 2024: A home costs $795,000, up ⇑ $110,00 or ⇑ 16.1% above Q4 2023.

Looking Back

In the beginning of the decade, as Covid-19 was ramping up, home prices dropped $30,000, from January 2020’s $535,000 to October 2020’s $505,000.

Sales price rose from the $505,000 of October 2020, to September 2022’s $987,500, a ⇑ $482,500 or ⇑ 95.6% increase.

From Q2 2022 to Q3 2022, the downtown price dropped from $950,000 to $850,000, a ⇓ $100,000 or ⇓ 11.8% drop in just one quarter.

September 2022’s median sales price topped, by $12,500, October 2021’s previous record high.

Since Q2 2022’s record price and steep decline, price has just begun increasing but remains more than $150,000 below that of Q2 2022.

‘Check out the cost of a Bozeman home.

With Covid-19’s national housing shakeup Bozeman’s home rush has contributed to the greatest rise in population since gold rush days and a

significant increase in the desire to live in downtown Bozeman, Montana.

Photo Bozeman homes downtown: days on market & median home sales price.
Chart 2: Bozeman homes downtown: days on market & median home sales price.

Chart 2: Presently, Days on Market (DOM), Q2 2024 is 22. Q4 2023 DOM was 27. Q3 2023 was 24, and Q2 2023 was 11.

Q2 2024: the number of homes for sale, downtown Bozeman has remained steady at 50 this quarter.

Bozeman’s downtown has a history filled with gentlemen, prostitutes, mountain men, ladies, business men and women, ruffians, and a host of other colorful figures.

In 1864, John Bozeman, William Beall, and Daniel Rouse platted Bozeman.

Just behind them in 1866 was Nelson Story, who entered the Bozeman scene, wrangling 3,000 (some say more, some less) Texas Longhorn cattle into Montana Territory.

As you drive the streets looking for homes, chances are you’ll be traveling a street named for one of Bozeman’s famous, or infamous, pioneers.

Downtown Bozeman, Montana, one of the few remaining American towns boasting a plethora of key lifestyle ingredients:

Enjoy living in the heart of Bozeman’s downtown and historic district:

Call Taunya Fagan, 406.579.9683

Tags: Bozeman bungalows, Bozeman historic homes for sale, Bozeman Properties South of Main, Bozeman Victorian Houses, downtown historic Bozeman homes, Historic Downtown Bozeman, homes near montana state university, houses for sale downtown bozeman, luxury homes downtown Bozeman, Montana Territory, Oliver P. Chisholm, real estate for sale downtown bozeman mt, the Village Downtown Bozeman, victorian homes bozeman montana, Willson Street homes Bozeman Montana

Taunya Fagan

Giving you the advantage