Over the last decade, prices of homes in Bozeman have doubled and the median price of a home is $500,000. One of the reasons for this is supply and demand, which has been a constant battle here in Bozeman. The number of homes available for sale dropped 60% from the previous year.
The sheer number of people looking to move to Bozeman has skyrocketed, and this increase in buyers, combined with the lowest inventory we’ve ever seen, is driving home prices up across the valley.
MEDIAN PRICE OF A SINGLE FAMILY HOME IN BOZEMAN
$555,543
MEDIAN PRICE OF A TOWNHOME IN BOZEMAN
$359,500
MEDIAN PRICE OF A CONDO IN BOZEMAN
$325,000