New - 1 day on Rocket
$10,000 Closing Credit¹
#399641, Tara Rigg, Listing Office: Black Bull Realty LLC
Gallatin Gateway Housing Market Report January 2025•Gallatin County, Montana
Housing Prices in Gallatin Gateway, MT
How much do homes in Gallatin Gateway, MT cost?
Housing Market Conditions
Is Gallatin Gateway, MT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gallatin Gateway is a Buyer's Market
Difference Since January 2024
At the same time last year, Gallatin Gateway was a Neutral Market.
Insight
Gallatin Gateway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,075,000$484/SqFt
+$165,000
+18.1%
Based on all homes sold in the last 12 months
Insight
Homes in Gallatin Gateway have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Gallatin Gateway was $1,075,000 in January 2025, up 18.1% from last year, and the median price per square foot was $484.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Gallatin Gateway | $910K | $1.0M | +18.1% |
| Big Sky | $1.9M | $1.9M | 0.3% |
| Madison Valley | $824K | $725K | -12.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $298K | $401K | +34.6% |
| 22 Bedrooms | $545K | $1.1M | +115.6% |
| 33 Bedrooms | $845K | $865K | +2.4% |
| 44 Bedrooms | $950K | $1.2M | +27.2% |
| 55+ Bedrooms | $1.2M | $1.0M | -16.0% |
Summary: Gallatin Gateway housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +34.6%. The home price for 2 bedroom homes increased by +115.6%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes increased by +27.2%. The home price for 5 bedroom homes decreased by -16.0%.
Housing supply in Gallatin Gateway, MT
How many homes are available in Gallatin Gateway, MT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthJan 2025 | ||
| 472 months agoDec 2024 | -8.5 % Change MoMDec – Jan |
Summary: The Gallatin Gateway real estate market had 43 homes for sale in Jan 2025, a 8.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 14 | 16 | +14.3% |
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 6 | 5 | -16.7% |
| 33 Bedrooms | 17 | 14 | -17.6% |
| 55+ Bedrooms | 7 | 5 | -28.6% |
Summary: Gallatin Gateway housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -17.6%. The inventory for 5 bedroom homes decreased by -28.6%.
Asking Price vs. Sold Price
How much do homes in Gallatin Gateway, MT cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Gallatin Gateway, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Gallatin Gateway in January 2025, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Gallatin Gateway, MT
How long does it take to sell a home in Gallatin Gateway, MT?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Many homes in Gallatin Gateway are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in Gallatin Gateway; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 75 DaysThis YearJan 2025 | ||
| 71 Days1 year agoJan 2024 | +6.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Gallatin Gateway had an average listing age of 75 days in Jan 2025, up by 6.1% compared to the previous year.
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Newest Listings in Gallatin Gateway, MT
What homes are available in Gallatin Gateway, MT?
New - 2 days on Rocket
#399349, Taunya Fagan, Listing Office: Taunya Fagan RE @ Estate House
$10,000 Closing Credit¹
#399464, Tamara Williams, Listing Office: Tamara Williams and Company
$10,000 Closing Credit¹
#399378, Brooke Passmore, Listing Office: eXp Realty, LLC
Video tour
#398797, Lori Hart, Listing Office: Hart Real Estate
3D tour
$10,000 Closing Credit¹
#399339, Molly Ogle, Listing Office: Knoff Group Real Estate
$10,000 Closing Credit¹
#399205, Alicia Rutz, Listing Office: Small Dog Realty
#399085, Laurita Green, Listing Office: RE/MAX Legacy
Video tour
#399069, Shayne Utter, Listing Office: Keller Williams Montana Realty
#398909, Ashley Taylor, Listing Office: AmeriMont Real Estate
Video tour
$10,000 Closing Credit¹
#399055, Tamara Williams, Listing Office: Tamara Williams and Company
#398915, Michael Blevins, Listing Office: Michael Blevins Real Estate
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MLS Disclaimers and Copyright
Based on information from Big Sky Country MLS, and Montana Regional MLS for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.