Bozeman Real Estate Market - Bozeman Real Estate Group

Market Report

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
NEUTRAL
MARKET
A SELLERS
MARKET
Needle

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.

$664,950

(-.78%) 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. The median sold price is based on monthly data.

Dec 2021 Dec 2022 Year Over Year Change
Single Family
$789,462
$865,000
10%
Townhome
$605,000
$531,250
12%
Condo
$464,950
$339,500
27%

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. This number is based on monthly data.

Dec 2021 Dec 2022 Year Over Year Change
$1,300,000
$3,150,000
142%
$550,000
$485,465
12%
$498,450
$530,000
6%
$499,000
$379,400
24%
$635,000
$750,000
18%

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.

Dec 2021

110

Dec 2022

84

Year Over Year Change

24%

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 asking price vs under the asking price in the past month.

41 Homes Were Sold
Under Asking Price

39 Homes Were Sold
At Asking Price

5 Homes Were Sold
Over Asking Price

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.

94.1%

-4% 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.

Dec 2021

6

Dec 2022

59

Year Over Year Change

883%

Are you thinking about buying or selling in this area?

Let us know how we can help!

Are you thinking about buying or selling in this area?

Let us know how we can help!