Bozeman Real Estate Market

As of June 2026, the median home listed in Bozeman, MT asks $993,250 — up 10.5% from a year ago. Homes are taking a median of 58 days to go under contract, and 14% of the 800 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Bozeman scores 31/100 on our composite Investor Score (#810 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 51% over five years and +133% over ten, leaving prices 46% above its own 2000–2019 trend; at the published FY2026 fair market rent of $2,154/mo for a two-bedroom, the gross rental yield on the median listing is about 2.6%; active inventory sits at 122% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 10.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Bozeman's 2026 housing market shows cooling prices but remains largely unaffordable despite stability, with rental listings also present. — AI-generated summary of the headlines above; read the linked coverage before relying on it.