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Bozeman, MT Homes for Sale

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Why Live in Bozeman

Outdoor adventure awaits at every turn in Bozeman, with the Gallatin River providing world-class fly fishing and rafting opportunities. The "M" Trail rewards hikers with panoramic valley views, while Hyalite Canyon beckons with waterfalls and ice climbing in winter. Bridger Bowl Ski Area provides local skiing, and Yellowstone National Park sits just 90 miles south. Downtown Bozeman's Main Street features distinctive local restaurants like Blackbird, known for handmade pasta and wood-fired pizza, and Montana Ale Works with its diverse menu and energetic atmosphere. The Museum of the Rockies houses impressive dinosaur fossils, while Montana State University brings academic vitality and sporting events to the community.

The Bozeman housing market reflects the city's desirability with a median sale price of $750,000. Single family homes command a median price of $899,000, while townhomes have a median price of $575,000. One bedroom condos start at a median price of $412,500, and two bedroom condos have a median price of $499,000. The South Central neighborhood sees the highest median single family home prices at $1,650,000, while the University area presents more moderate options with a median price of $774,500.

Living costs in Bozeman run 30.5% above the national average. A family with school age children needs approximately $140,000 annually to live comfortably, while renters should aim for $75,000. The property tax rate stands at 0.6%, and Montana has no sales tax. Groceries cost 8.5% above the national average, with families spending about $1,700 monthly. The public school system includes the A rated Emily Dickinson Elementary, Sacajawea Middle School, and Bozeman High School. Free public buses connect downtown, Montana State University, and shopping areas, while the Bozeman Yellowstone International Airport serves as Montana's busiest air hub.

Bozeman, MT Home Prices vs. Nearby Neighborhoods

Bozeman, MT North Bozeman Kirk
Median Home Price
$710,000
$615,000
$572,000
Median Sale Price
$685,000
-4% YoY
$590,000
-3% YoY
$546,450
+2% YoY
Avg. Price per Square Foot
$412
$371
$330
Median Single Family Price
$839,000
$735,000
$699,000
Median Townhouse Price
$552,950
$572,500
$564,950
Median Condo Price
$495,000
$459,000
$435,000
Total Active Listings
750 listings
67 listings
18 listings
Market Conditions
4 Months of Supply
Balanced Market
6 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

What is the average home price in Bozeman, MT?
Homes for sale in Bozeman, MT have an average home price of $930,901.
Are home prices dropping in Bozeman?
Yes, home prices in Bozeman are down 1% in the last 12 months.
How many homes have sold over the last 12 months in Bozeman, MT?
1,022 homes have sold in Bozeman, MT over the last 12 months.
What is the average household income in Bozeman, MT?
The average household income in Bozeman, MT is $112K.
What are the most popular zip codes in Bozeman, MT?
The most popular zip codes in Bozeman, MT include 59715, 59718, 59730, 59714 and 59741.
What are the most popular neighborhoods in Bozeman, MT?
The most popular neighborhoods in Bozeman, MT with the most homes for sale are Four Corners, South Bozeman, North Bozeman, Flanders Creek and Northeast Bozeman.
How much do you need to make to afford a house in Bozeman?
The median home price in Bozeman is $710,000. If you put a 20% down payment of $142,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $3,760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $161K a year to afford the median home price in Bozeman. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Bozeman is $112K.
How are the schools in Bozeman, MT?
Bozeman, MT has highly rated public and private schools. Some of the best schools in Bozeman based on Niche Grades are Monforton Junior High School, Anderson Junior High School and LaMotte School. The neighborhoods in Bozeman with the highest rated schools are Four Corners, Bogert Park and South Bozeman. Browse all the schools in Bozeman, MT to learn more.
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