Market Update
Greater Bozeman
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$733k
8% less than in
Q1 2025
Q1 2025
Avg. Days On Market
72
12% fewer than in
Q1 2025
Q1 2025
Closed Sales
182
2% more than in
Q1 2025
Q1 2025
Inventory
327
12% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $778k | $1.1m | 230 |
| Q1 '23 | $714k | $912k | 182 |
| Q1 '24 | $765k | $1.17m | 181 |
| Q1 '25 | $799k | $995k | 179 |
| Q1 '26 | $733k | $922k | 182 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $1m | 75.3% |
|---|---|
| Q1 '26 | 137 |
| Q1 '25 | 120 |
| 1YR CHANGE | +14% |
| Closed $1m - $3m | 22.5% |
| Q1 '26 | 41 |
| Q1 '25 | 55 |
| 1YR CHANGE | -25% |
| Closed $3m - $5m | 1.6% |
| Q1 '26 | 3 |
| Q1 '25 | 4 |
| 1YR CHANGE | -25% |
| Closed Over $5m | 0.5% |
| Q1 '26 | 1 |
| Q1 '25 | 0 |
| 1YR CHANGE | n/a |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 30 | $778k |
| Q1 '23 | 66 | $714k |
| Q1 '24 | 66 | $765k |
| Q1 '25 | 82 | $799k |
| Q1 '26 | 72 | $733k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
Rotate your device to view as table
'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
12%
New Listings
New Listings represents the number of properties listed during the quarter.
20%
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.
10%
Closed Sales
2%
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.
-12%
Belgrade
Median
$585k
DOM
71
Sales
73
Inv
64
Bozeman Outside City Limits
Median
$883k
DOM
72
Sales
76
Inv
147
Ennis
Median
$683k
DOM
139
Sales
13
Inv
60
Gallatin Gateway
Median
$1.4m
DOM
90
Sales
3
Inv
6
Livingston
Median
$540k
DOM
86
Sales
23
Inv
42
Manhattan
Median
$675k
DOM
29
Sales
5
Inv
27
Paradise Valley
Median
$849k
DOM
25
Sales
3
Inv
16
Three Forks
Median
$542k
DOM
79
Sales
5
Inv
9
West Yellowstone
Median
$925k
DOM
147
Sales
3
Inv
12