Kelly Seymour, Listing Office: Keller Williams Montana Realty
Bozeman Housing Market Report December 2024•Gallatin County, Montana
Housing Prices in Bozeman, MT
How much do homes in Bozeman, MT cost?
Housing Market Conditions
Is Bozeman, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bozeman is a Seller's Market
Difference Since December 2023
Since last year, Bozeman has remained a Seller's Market.
Bozeman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Bozeman have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Bozeman was $755,533 in December 2024, up 1.1% from last year, and the median price per square foot was $379.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $485K | $388.5K | -19.9% |
22 Bedrooms | $499K | $507.5K | +1.7% |
33 Bedrooms | $674.5K | $675K | 0.1% |
44 Bedrooms | $950K | $955.8K | +0.6% |
55+ Bedrooms | $1.1M | $1.1M | 0.3% |
Summary: Bozeman housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -19.9%. The home price for 2 bedroom homes increased by +1.7%. The home price for 3 bedroom homes increased by 0.1%. The home price for 4 bedroom homes increased by +0.6%. The home price for 5 bedroom homes increased by 0.3%.
Housing supply in Bozeman, MT
How many homes are available in Bozeman, MT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
370Last MonthDec 2024 | ||
4282 months agoNov 2024 | -13.6 % Change MoMNov – Dec |
Summary: The Bozeman real estate market had 370 homes for sale in Dec 2024, a 13.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
73Last MonthDec 2024 | ||
792 months agoNov 2024 | -7.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 15 | 12 | -20.0% |
22 Bedrooms | 64 | 56 | -12.5% |
33 Bedrooms | 175 | 160 | -8.6% |
44 Bedrooms | 116 | 100 | -13.8% |
55+ Bedrooms | 58 | 42 | -27.6% |
Summary: Bozeman housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes decreased by -8.6%. The inventory for 4 bedroom homes decreased by -13.8%. The inventory for 5 bedroom homes decreased by -27.6%.
Asking Price vs. Sold Price
How much do homes in Bozeman, MT cost?
Over Asking Price6 Homes
At Asking Price11 Homes
Under Asking Price56 Homes
If you're buying a home in Bozeman, you may be able to get a good deal. 76.7% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in Bozeman in December 2024, down by 7.6% month-over-month. Of the 73 sold homes, 77% were sold under asking, 15% were sold at asking, and and 8% were sold over asking.
Days on Market for Bozeman, MT
How long does it take to sell a home in Bozeman, MT?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days25 Homes
Over 90 Days21 Homes
Many homes in Bozeman are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 73 homes were sold in Bozeman; 37% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
78 DaysThis YearDec 2024 | ||
67 Days1 year agoDec 2023 | +15.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Bozeman had an average listing age of 78 days in Dec 2024, up by 15.5% compared to the previous year.
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Newest Listings in Bozeman, MT
What homes are available in Bozeman, MT?
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Nearby markets aren't available for Bozeman, MT
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MLS Disclaimers and Copyright
Based on information from Big Sky Country MLS, Montana Regional MLS, and Aspen Glenwood MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.