Market Update
Greater Bozeman
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$725k
2% less than in
Q2 2025
Q2 2025
Avg. Days On Market
65
8% more than in
Q2 2025
Q2 2025
Closed Sales
303
18% more than in
Q2 2025
Q2 2025
Inventory
440
4% fewer than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $775k | $977k | 290 |
| Q2 '23 | $738k | $869k | 305 |
| Q2 '24 | $815k | $1.06m | 259 |
| Q2 '25 | $743k | $914k | 257 |
| Q2 '26 | $725k | $1.05m | 303 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $1m | 70.0% |
|---|---|
| Q2 '26 | 212 |
| Q2 '25 | 185 |
| 1YR CHANGE | +15% |
| Closed $1m - $3m | 25.1% |
| Q2 '26 | 76 |
| Q2 '25 | 67 |
| 1YR CHANGE | +13% |
| Closed $3m - $5m | 4.0% |
| Q2 '26 | 12 |
| Q2 '25 | 4 |
| 1YR CHANGE | +200% |
| Closed Over $5m | 1.0% |
| Q2 '26 | 3 |
| Q2 '25 | 1 |
| 1YR CHANGE | +200% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 14 | $775k |
| Q2 '23 | 42 | $738k |
| Q2 '24 | 42 | $815k |
| Q2 '25 | 60 | $743k |
| Q2 '26 | 65 | $725k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-4%
New Listings
New Listings represents the number of properties listed during the quarter.
9%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-18%
Closed Sales
18%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
8%
Belgrade
Median
$565k
DOM
52
Sales
97
Inv
92
Bozeman Outside City Limits
Median
$1.09m
DOM
68
Sales
116
Inv
227
Ennis
Median
$725k
DOM
83
Sales
28
Inv
79
Gallatin Gateway
Median
$2.1m
DOM
69
Sales
7
Inv
13
Livingston
Median
$471k
DOM
57
Sales
39
Inv
72
Manhattan
Median
$725k
DOM
63
Sales
22
Inv
37
Paradise Valley
Median
$948k
DOM
105
Sales
7
Inv
27
Three Forks
Median
$445k
DOM
78
Sales
5
Inv
20
West Yellowstone
Median
$660k
DOM
75
Sales
7
Inv
17