Is Bozeman, MT a buyer’s
or seller’s market?

This snapshot of Bozeman's housing market is based on the months supply of inventory and is calculated by dividing the number of homes on the market by the number of homes that have sold in the last month.

A BUYERS
MARKET

A market moves into one that favors buyers when the months supply of inventory is more than 7 months.

NEUTRAL
MARKET

A market is considered neutral when the months supply of inventory is between 5-7 months of inventory.

A SELLERS
MARKET

A market is one that favors sellers when the months supply of inventory is less than 6 months.

How much do homes cost
in Bozeman, MT?

This median sold price includes single-family homes, condos, and townhomes and is based on monthly data.

$800,000

(+13%) Year Over Year Change

What do different types of homes cost?

This is the median price for each home type sold in the specified area.

What do homes cost in other areas?

This is the median price for which single-family homes, condos, and townhomes were sold in the specified area. The median sold price is based on monthly data and can be skewed by the sale of a few higher-than-normal-priced listings, particularly in smaller cities.

How many homes have sold in Bozeman, MT?

This is the total number of residential properties (single family homes, condos and townhomes) sold in this area during the reported month.

How Many Homes Sold Over the
Asking Price in Bozeman, MT?

This is calculating how many homes sold (including single-family, condo, and townhomes in the specified area) for over the original asking price vs under the original asking price in the past month.

What Percentage of the Listing
Price Are Sellers Getting?

The original price received is the average of the sales price divided by the original list price expressed as a percentage.

94.6%

1% Year Over Year Change

How long does a home spend on the market?

This is the median number of days between when a home is listed and when it goes under contract.