Median price for a Gallatin Gateway, Montana home was $714,000 for most of 2020 and then median home price rose significantly–⇑ 9%–in Q4 2020 to $774,000! Yet, in the quarter since then, home sales prices have risen another ⇑ 22% in Q1 2021.
Number of Gallatin Gateway homes for sale dropped in ⇓ Q3 and Q4 2020 and has leveled out at about 13 into Q1 2021.
Chart 1: In the last 5 years, median sales price for Gallatin Gateway, mt real estate (residential homes only) have fallen to as low as $313,000 in August 2016 and risen to as high as $945,000 in December 2020. This price ⇑continues rising toward one million dollars in Q1 2021.
Gallatin Gateway median sales price is $945,000 in Q1 2021.
During 2020, median sales prices hit a low of $712,500 and rose to a high of $945,000 by the end of 2020.
In the past 5 years, ⇑ median sales price for Gateway homes, condos, and townhouses has been steadily rising from the low $300,000’s in Q3 2016 to the mid-$900,000’s in 2020, up ⇑ 202% in 5 years!