May 9th, 2024

Gallatin Gateway Montana Real Estate

Gallatin Gateway MT Real Estate

Gallatin Gateway, Montana Real Estate For Sale

Q2 2024, A Home Costs $1,169,00037 Homes For Sale – Land, Ranches, Horse Properties

MONTH/YEARMEDIAN PRICE ⇓#Homes
Q1 2023$945,00030
Q1 2022$1,085,00019
Q1 2021$647,50017
Q1 2020$500,75056
Q1 2019$499,00055

Photo Gallatin Gateway, MT median home sales price, Q1, 2024.
Chart 1: Gallatin Gateway, MT median home sales price, Q1, 2024.

Chart 1: Since early 2019, median home prices for Gallatin Gateway, MT real estate (specifically homes) have risen significantly.

During the most recent 5-year period, prices increased an impressive ⇑ $670,000 or ⇑ 134.3%, from $499,000 in Q1, 2019 to $1,169,000 in Q1, 2024.

During this period there were a few reductions in price:

Median sales prices dropped in the second quarter of 2021 but rebounded by year’s end.

Median sales prices dropped in the first quarter of 2022.

Prices also declined in the first 2 quarters of 2023, but rose the next 2 quarters to $1,100,000 by the end of 2023, the second highest price ever!

Luxury Home SOLD in Little Bear Subdivision

Looking Back

Photo Gallatin Gateway median days on market, Q1 2024.
Chart 2: Gallatin Gateway median Days On Market (DOM), Q1 2024.

Q4 2022, the median price for a Gallatin Gateway, Montana home was $1,087,500.

From Q1 2020 (start of Covid) to Q4 2023, home prices rose from $500,750 to $1,100,000, ⇑ $599,250 or ⇑ 120%.

In 2021, the median home price in Gallatin Gateway rose ⇑ $110,000 or ⇑ 11.7%.

November 2022, we saw an all-time record median home price of $1,887,000.

Chart 2: The number of days on market (DOM) for Gallatin Gateway homes has been fluctuating since Q1, 2022 when DOM was just 3 days!

Today, DOM is 22 days, still relatively short.

Bozeman is about 13 miles northeast of Gallatin Gateway, making it an easy commute between the two.

Interesting Fact: From June 2105 to October 2016, average days on market dropped dramatically, from over 6 months to 6 weeks, i.e., 172 days to 42 days.


Gallatin Gateway Real Estate Listings

77117 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$4,850,000
77117 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$4,850,000
50 Cliff Manor, Gallatin GatewayGallatin Gateway Real Estate$3,950,000
327 S Big Elk Meadow Road, Gallatin GatewayGallatin Gateway Real Estate$3,595,000
327 S Big Elk Meadow Road, Gallatin GatewayGallatin Gateway Real Estate$3,595,000
181 Black Dog Road, Gallatin GatewayGallatin Gateway Real Estate$2,999,999
11762 Gooch Hill Road, Gallatin GatewayGallatin Gateway Real Estate$2,650,000
TBD Stampede Trail, Gallatin GatewayGallatin Gateway Real Estate$2,600,000Pending
14585 Eagle Eye Way, Gallatin GatewayGallatin Gateway Real Estate$2,499,000
TBD Montana Ranch Trail, Gallatin GatewayGallatin Gateway Real Estate$2,495,000
1274 Cottontail Road, Gallatin GatewayGallatin Gateway Real Estate$2,399,000Contingent
120 Scenic Drive, Gallatin GatewayGallatin Gateway Real Estate$2,100,000
72652 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$2,075,000
72652 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$2,075,000
Lot 2 Riverview Lane, Gallatin GatewayGallatin Gateway Real Estate$1,950,000
12921 & 12923 Axtell Gateway Road, Gallatin GatewayGallatin Gateway Real Estate$1,945,000
Parcel 8 Wilson Creek Road, Gallatin GatewayGallatin Gateway Real Estate$1,895,000
35 N Low Bench, Gallatin GatewayGallatin Gateway Real Estate$1,525,000
100 Anaconda Drive, Gallatin GatewayGallatin Gateway Real Estate$1,499,000
77300 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$1,497,500
77300 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$1,497,500
404 Hawk Hill Road, Gallatin GatewayGallatin Gateway Real Estate$1,399,000Contingent
48295 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$1,395,000
450 N Low Bench, Gallatin GatewayGallatin Gateway Real Estate$1,295,000Contingent
100 N Low Bench Road, Gallatin GatewayGallatin Gateway Real Estate$1,200,000Contingent
145 N Low Bench Road, Gallatin GatewayGallatin Gateway Real Estate$1,050,000
Tract L Rattlesnake Road, Gallatin GatewayGallatin Gateway Real Estate$995,000Pending
63815 & 63813 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$949,000
63815 & 63813 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$949,000
5 Rabel Lane, Gallatin GatewayGallatin Gateway Real Estate$900,000Pending
250 Garnet Mountain Way, Gallatin GatewayGallatin Gateway Real Estate$825,000Pending
TBD Spanish Breaks, Gallatin GatewayGallatin Gateway Real Estate$750,000
15101 Eagle Eye, Gallatin GatewayGallatin Gateway Real Estate$699,000Contingent
Lot 41 Upper Tom Burke Drive, Gallatin GatewayGallatin Gateway Real Estate$699,000
37299 Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$685,000
211 Mill Street, Gallatin GatewayGallatin Gateway Real Estate$674,900
20 Rabel Lane, Gallatin GatewayGallatin Gateway Real Estate$649,000
215 Mill Street, Gallatin GatewayGallatin Gateway Real Estate$624,900
TBD Dier Lane, Gallatin GatewayGallatin Gateway Real Estate$550,000
NHN Karst Stage Loop, Gallatin GatewayGallatin Gateway Real Estate$525,000Contingent
Lot 2 Chickadee Ridge, Gallatin GatewayGallatin Gateway Real Estate$499,000
TBD Gallatin Road, Gallatin GatewayGallatin Gateway Real Estate$495,000
2505  Cottontail Road  A - I, Gallatin GatewayGallatin Gateway Real Estate$15
2505 Cottontail Road F-J, Gallatin GatewayGallatin Gateway Real Estate$12
2505 Cottontail Road A & B, Gallatin GatewayGallatin Gateway Real Estate$12

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