Lowest Priced Single-Family Homes For Sale in Bozeman, Montana

As we enter the busy real estate season, Bozeman, Montana is seeing an increase in new listings. While Bozeman home prices in 2025 have remained relatively stable, major price drops have not happened. Given the current market trends, finding affordable single-family homes in Bozeman can be challenging—but not impossible. If you're searching for the lowest-priced homes in Bozeman, this post will highlight the best options currently on the market.

WHAT IS CONSIDERED AN “AFFORDABLE” HOME IN BOZEMAN?

Affordability in Bozeman’s real estate market has become a relative term, as home prices remain high compared to national averages. As of early 2025, the median sales price for a single-family home in Bozeman hovers around $800,000, making it increasingly difficult for buyers on a budget. Traditionally, a home is considered affordable if it costs no more than three to four times a household’s annual income. With Bozeman’s median household income estimated at approximately $79,000,* this means that an ‘affordable’ home would ideally be priced under $315,000! However, in the current market, single-family homes at this price point are nonexistent. This means buyers have to explore surrounding areas, fixer-uppers, or alternative housing options such as townhomes and condos.

LOWEST PRICED SINGLE-FAMILY HOMES FOR SALE IN BOZEMAN, MONTANA

Under $650,000 would be considered a low price for a single-family home in Bozeman, Montana. Here is what is currently on the market under this price point in Bozeman.

ALTERNATIVE OPTIONS FOR HOME BUYERS IN BOZEMAN, MONTANA

There are options if buyers are open to expanding their search beyond single-family homes. There are certain parts of town where you get more bang for your buck. Click here to see the best neighborhoods for affordable homes in Bozeman. Exploring condos and townhomes for sale is another option, with the median sales price of these types of homes generally under $600,000. Expanding your home search to the surrounding communities of Bozeman is another idea. These towns have been growing in popularity but remain more affordable than Bozeman. Talking with a lender for mortgage and financing options is also key when you start your home-buying search to see what you are working with.

If you’re considering buying a home in Bozeman this year, let us know! We would be happy to help you find a real estate agent in Bozeman. Or, sign up for new listing notifications and we’ll let you know when a home in your criteria

*neilsberg.com