Bozeman Real Estate Blog

How Much Home will $500,000 buy you Across Montana?

How Much Home will $500,000 buy you Across Montana?


Bozeman has made it on yet another list!  This time as one of the 25 coolest towns in America from Matador Network.  People are moving here faster than homes can be built and the real estate market remains strong with and the average sale price of a home in Bozeman is right around $540,000.  Bozeman is by far the fastest growing town in Montana, but it will cost you to live here.  It got us wondering what a half million will buy you in other Montana towns.  

Bozeman

702 E Peach Street

2 BD  l  2BA  l  1,890 Sq.Ft.  l  .163 Acres  l  $549,000

You can find homes for right around $500,000 in Bozeman's downtown historic area.  These homes tend to be smaller and some need some work, but they bring with them plenty of charm!    

Listed by AWE Real Estate

2122 Lasso

3 BD  l  3 BA  l  2,512 Sq.Ft.  l  .272 Acres  l  $539,000

In any number of the subdivisions throughout Bozeman (within city limits) you can find many homes in the half million dollar range.  This goes for both newer subdivisions and more established ones.  

Listed by Bozeman Real Estate Group

Missoula

Bozeman's sister city brings a more laid-back vibe and lots of Griz fans.  Both towns have a similar population with Missoula being slightly larger.  Compared to the other cities in Montana, Missoula's real estate market is the most similar to Bozeman.

131 South Higgins #8-1

1 BD  l  2 BA  l  648 Sq.Ft.  l  $540,000

This condo, located in Missoula's historic Wilma building makes us think of Bozeman's Baxter Hotel.  A 987 Sq. Ft. condo was recently listed in the Baxter for $575,000, very similar to this Wilma condo.

Listed by REMAX All Stars Missoula

10 Greenbrier Drive

4 BD  l  3 BA  l  2,700 Sq.Ft.  l  .23 Acres  l  $545,000

Listed by Real Estate Montana & CO

Billings

Montana's largest city gives you a lot more home for your buck!  Many of the homes currently listed in the $500,000 range give you big square footage, 3-car garages and a lot more space outside!  

3001 37th West

3 BD  l  2.5 BA  l  4,074 Sq.Ft.  l  .25 Acre  l  $550,000

Listed by Century 21 Hometown Brokers

2615 Ridgewood Lane

5 BD  l  3BA  l  5,816 Sq.Ft.  l  .38 Acre  l  $539,900

Listed by Landmark Realtors

Kalispell

Kalispell often gets compared to Bozeman because the two towns are similar in size and both are gateways to a national park.  The similarities don't continue when it comes to real estate.  Many of the homes currently for sale in Kalispell in the half million dollar range sit on a couple of acres, some right on the various lakes or river that surround the area.  

765 Yoeman Hall Road

3 BD  l  2 BA  l  1,532 Sq.Ft.  l  2.98 Acres  l  $549,000

Lots of acreage and waterfront property!  

Listed by Keller Williams Realty Northwest Montana

26 Whalebone Court

3 BD  l  3 BA  l  2,170 Sq.Ft.  l  3.7 Acres  l  $539,000

Listed by RE/MAX Glacier Country

Helena

Our state capital and home to some very cool, historic homes.  Helena was one of the top ten fastest growing cities in Montana for 2018, which you can see if you've been over there lately.  Many of the homes in the half a million dollar range are over 3,000 square feet with a small amount of acreage.  

1910 Gold Rush Ave

6 BD  l  5 BA  l  3,606 Sq.Ft.  l  .48 Acre  l  $510,000

Listed by Keller Williams Capital Realty

3128 Old Broadwater Lane

5 BD  l  3 BA  l  3,218 Sq.Ft.  l  1.08 Acres  l  $519,900

Fun fact-this home was featured on HGTV's Living Big Sky!

Listed by Big Sky  Brokers, LLC

Butte

Just over the hill from Bozeman, people are saying Butte is getting ready to be the next big thing.  It has a rich history and a real sense of community to the locals that live there.  The housing market is much more affordable than Bozeman with a median listing price of around $165,000.  If you have $500,000 for a home in Butte, you're going to get a lot of bang for your buck!

288 Ridge Rd

5 BD  l  3 BA  l  3,400 Sq.Ft.  l  2.72 Acres  l  $425,000

Listed by RE/MAX Premier

361 Basin Creek Rd

4 BD  l  3 BA  l  2,220 Sq.Ft.  l  15 Acres  l  $479,900

Listed by Coldwell Banker Markovich

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