| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $954,500 | +6.4% YoY |
| Median price per sq ft | $445 | 2,277 sq ft median |
| Median days on market | 74 | -5% YoY |
| Active listings | 840 | -5% YoY |
| New listings this month | 192 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $698,500 | -12.1% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 28.9% | 243 pending |
| Inventory vs 2019 | 109% | Active listings vs same month in 2019 |
| Gross rental yield | 2.7% | 2BR fair market rent |
Resort & second-home market · Montana · September 2026 data
What is the Bozeman, MT real estate market doing?
As of September 2026, the median home listed in Bozeman, MT asks $954,500, up 6.4% year over year. Homes spend a median of 74 days on market, with 840 active listings and 16% carrying a price cut; pending contracts equal 29% of active listings, and inventory sits at 109% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 2.7%. Figures come from public records and industry data, updated monthly.
Median listing price
$954,500
▲ 6.4% YoY
Median $ / sq ft
$445
2,277 sq ft median
Median days on market
74
September 2026
Active listings
840
For sale now
New listings
192
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
109%
Same month, 2019 = 100
Pending / active
29%
Contract activity
Median sale price (closed)
$698,500
▼ 12.1% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
194
Closed sales · July 2026, seasonally adjusted
What is the Bozeman, MT housing market doing right now?
The Bozeman, MT housing market lists at a $954,500 median as of September 2026, up 6.4% year over year, with a 74-day median market time and 840 homes for sale (16% with a price cut). Active inventory is 109% of the 2019 level, reading as a balanced market by days-on-market pace. Gross rental yield is about 2.7%.
Bozeman housing market statistics
The table summarizes Bozeman's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Bozeman.
How have home prices changed in Bozeman?
Bozeman home prices are up 6.4% year over year and -0.4% month over month as of September 2026, at a $954,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Bozeman MT · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Bozeman MT · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Bozeman?
Bozeman has 840 active listings, 192 new this month, 243 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 109% of its 2019 level — a balanced market by pace.
Is Bozeman a good real estate investment?
Bozeman scores 36/100 on WealthyBud's composite Investor Score, ranking #737 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
36/100
#737 of 933 covered metros
Price volatility
High
σ 8.7% · 20-yr price-index swings
Bozeman scores 36/100 on our composite Investor Score (#737 of 933 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 2.7%; active inventory sits at 109% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 6.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Bozeman ranks on the trending markets index.
How much is a monthly mortgage payment in Bozeman?
A home at Bozeman's $954,500 median listing runs about $5,225 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$4,717/mo
−$508/mo vs today
At today's rate · 7.28%
$5,225/mo
National weekly average
If rates rise 1% · 8.28%
$5,753/mo
+$528/mo vs today
Principal & interest on the $954,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Bozeman?
To buy Bozeman’s $954,500 median listing with 20% down, a household needs about $244,000 a year in gross income, keeping principal, interest and property tax ($5,702/mo) at 28% of income. That is 2.8× the area’s $87,454 median household income, so a typical Bozeman household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $954,500 | September 2026 |
| Down payment (20%) | $190,900 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $5,225/mo | Rate as of 2026-10-01 |
| Property tax (0.60% effective rate) | $477/mo | Census ACS |
| Income needed (28% rule) | $244,000 | Gross household income / yr |
| Median household income | $87,454 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Bozeman housing market?
Longer-run demand in Bozeman shows up in 1,474 homes permitted in 2025; net migration of +140 residents; -2.1% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
1,474
▼ 13.6% vs 2024
12.1 per 1,000 residents
Net migration (2022–2023)
+140
▲ people, via tax-return records
net income flow +$58.7M/yr
Job growth (YoY)
-2.1%
▼ 77.5k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Bozeman real estate news?
Bozeman housing market cools, but a stable market hasn’t meant an affordable oneMontana Free Press · 2026-04-03→Let's break down the 2026 Gallatin Valley housing reportKBZK News · 2026-04-29→Housing prices in Montana cooling, but still out of reach for manyBozeman Daily Chronicle · 2026-02-11→5242 Fallon for Rent Only St Unit 302, Bozeman, MT 59718 [Updated 6/28]Realtor.com · 2026-06-28→
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.
Headlines collected 2026-07-05; each links to the original publisher.
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ReadBozeman housing market FAQ
What is the median home price in Bozeman?
As of September 2026, the median listing price in Bozeman, MT is $954,500, up 6.4% year over year (source: public records and industry data).
How much does it cost to buy a home in Bozeman?
The median home listed in Bozeman asks $954,500 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $5,225 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Bozeman?
The median property in Bozeman spends 74 days on the market, with 840 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Bozeman?
With a median 74 days on market and 16% of active listings carrying a price cut, pending contracts at 29% of active listings, Bozeman reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Bozeman a good place to invest in real estate?
Bozeman scores 36/100 on WealthyBud's Investor Score, ranking #737 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Bozeman?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Bozeman and the wider Montana market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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