Bozeman Montana Real Estate Market - Bozeman Real Estate Group

Bozeman Market Report

This real estate market report takes data available from the Big Sky Country MLS and turns it into the information you want to know about Bozeman’s real estate market. How many homes sold over the asking price last month? Or, what percentage of list price are sellers getting for their homes these days?

Bookmark this page to get the latest real estate market statistics for Bozeman, Belgrade, Livingston, Manhattan, Three Forks, and Big Sky. Or, sign up for our Market Report newsletter!

The statistics on this page are updated every month. If you have questions about the data you see on this page, please reach out to us. We are happy to answer your questions.

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.

$787,500

(+19%) 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.

Type April 2023 April 2024 Year Over Year Change

Single Family

$866,085

$948,000

9%

Townhome

$632,500

$670,000

6%

Condo

$480,000

$504,500

5%

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.

City April 2023 April 2024 Year Over Year Change

$2,430,000

$1,651,300

32%

$502,450

$547,749

9%

$527,710

$675,000

28%

$584,900

$590,000

1%

$699,000

$749,900

7%

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.

April 2023

82

April 2024

74

Year Over Year Change

10%

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.

45 Homes Were Sold
Under Asking Price

20 Homes Were Sold
At Asking Price

10 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.

96.6%

-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.

April 2023

7

April 2024

11

Year Over Year Change

57%

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