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Bozeman

Bozeman

Located in Gallatin County

$943,905 Average Value
$419 Average Price per Sq Ft
411 Homes For Sale

Bozeman captures the imagination of homebuyers taken with Montana's landscape

Bozeman is one of the fastest-growing cities in Montana. Nestled in the Gallatin Valley, historically home to ranchers and farmers, and surrounded by the Bridger Mountain Range, the community works hard to preserve the landscape and slow down land development. "It's sort of a catch-22," says Mark Meissner, a Realtor with ERA Landmark Real Estate. "Our city's forefathers have done a good job trying to balance growth. They really want to see higher density downtown, so we don't see the sprawl eating up cattle ranches and these incredible scenic vistas and mountain backdrops." The city is known for its parks and access to hiking trails, rivers for fishing and hunting grounds in the Bridger Mountains. "I think at this point in the long history of Bozeman, it attracts a diversity of people. First, it's the outdoor types. Hiking, fishing, sightseeing, we have all sorts of attractive outdoor amenities in this area," says Meissner.

Bozeman has seen strong growth in the past year. "We would see a 10% to 12% increase per year pretty consistently in median home prices." However, starting around 2020, housing prices ramped up by as much as 30%, and not only because of Bozeman's landscape. "I think TV shows like Yellowstone were a big influence on people to see the landscape and say, 'Hey, let's go do that,'" says Meissner. "It's definitely had a major impact on our community. We've got a fairly finite resource in land to develop and can't build houses fast enough to meet demand." Montana means wide open space and towering mountain peaks, and Bozeman is a fast-growing gateway into the state's sweeping natural landscape.

A beautiful wooden sign welcomes visitors to Midtown and downtown Bozeman.
A beautiful wooden sign welcomes visitors to Midtown and downtown Bozeman.
Bozeman Ponds is a great place for residents to go fishing.
Bozeman Ponds is a great place for residents to go fishing.
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Mountaintops, hiking trails and outdoor spaces in Bozeman

With 42 public parks and over 50 miles of trails, outdoor life is a prominent part of life in Bozeman. The landscape around the city is full of hiking trails that vary in difficulty. Gallagator Linear Trail, which is 1.5 miles long, cuts a path through Bozeman's east side and is often used by mountain bikers and joggers. The "M" is a popular hiking spot about 5 miles east of Downtown, and the top of the trail provides a sweeping view of Bozeman and the Gallatin Valley. Further east, cell phone service turns spotty, trails are longer, and the wilderness shows its face; bear spray is a common carry-along item, and old-growth forests cover the mountain slopes. Fairy Lake and Sacagawea Peak are about 28 miles north of Bozeman via winding State Highway 86, which slices a narrow, two-lane path through the Bridger Mountains. Fairy Lake attracts all sorts – whether it's families looking to spend a sunny day by the dark blue water or college students looking to relax on a tube in the middle of the lake. The trailhead up to Sacagawea Peak starts near the lakefront, and hikers often fill their water bottles from a manual water pump in the parking lot. The 4.5-mile out-and-back trail leads to a windswept, rocky mountain peak with sweeping views of the Bridger Mountains. The city is also about 80 miles from Yellowstone National Park.

Montana State University's Bobcat Stadium and Brick Breeden Field House are fixtures for watching outdoor and indoor sports. "Our football and basketball games are always sold out – packed," says Meissner. "Doesn't matter who we're playing or what the weather is; people come out in droves." The University also has a large impact on the city's culture, and the city takes pride in the student body. "One of the main appeals to Bozeman is all the cultural activities around here, with the University being a big part of that," says Meissner. "Many of our residents, myself included, are graduates of Montana State University."

Bozeman's weather creates opportunities for different ways to engage with the environment, be it skiing, snowing, fly fishing, or mountain biking, depending on the season. "People try to engage in the outdoors during each of the four seasons," says Meissner. While the weather can be cold in Bozeman, the sun sticks around for most of the year. "The other thing that makes the wintertime more manageable is that we have like 300 days of sunshine a year," says Meissner. "It's better for everyone's spirits."

University residents and students enjoy events and concerts at the Brick Breeden Fieldhouse.
University residents and students enjoy events and concerts at the Brick Breeden Fieldhouse.
The sunset views are incredible from the College M Trailhead near the Northeast neighborhood.
The sunset views are incredible from the College M Trailhead near the Northeast neighborhood.
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Bozeman captures the imagination of homebuyers taken with Montana's landscape

Bozeman's median home price was $755,000 in late 2024, compared to the Montana average of $515,000. Downtown Bozeman has two- and three-bedroom condos along Main Street that sell for between $800,000 and $1.2 million. A few blocks south of Main Street in neighborhoods like Cooper Park, 1930s-era craftsman, Colonial Revival and farmhouse-style homes with fenced-in backyards sell for $720,000 to $1.1 million. "Most homes have a classic charm in terms of aesthetic and architectural appeal," says Meissner. "There's a charm that reflects the history of our area." North of Main Street, in what most Bozemanites refer to as Northeast Bozeman, freedom and expressiveness are big parts of housing identity. "It's a little bit more eclectic; there's a lot of uniqueness and charm," says Meissner. "People take creativity and liberty to decorate their homes." Newly built contemporary homes stand next to 1930s craftsman cottages, and the neighborhood is a hub for artists and creatives. On the west side of Bozeman, about 5 miles from Downtown, subdivisions like Valley West have contemporary homes usually built within walking distance of public parks. New builds with a quarter acre of land usually sell for $500,000 to $950,000.

Big Sky's contemporary condos offer the perfect blend of rugged craftsmanship and cozy comfort.
Big Sky's contemporary condos offer the perfect blend of rugged craftsmanship and cozy comfort.
Modern homes and mountain views define the peaceful community of Flanders Creek in Bozeman.
Modern homes and mountain views define the peaceful community of Flanders Creek in Bozeman.
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Downtown Bozeman's shops and nightlife

Downtown Bozeman is lined with restaurants and shops along a walkable strip of Main Street. "The downtown area is the most popular," says Meissner. Steakhouses, coffee shops and clothing boutiques share the sidewalks. Local businesses like Alara Jewelry share the main street with high-end retailers like Lucchese, a luxury cowboy boot store. The area brings traffic from West Bozeman to Belgrade and is also a source of nightlife for locals and Montana State University students. Northeast Bozeman is home to Mountains Walking Brewery and Bozeman Brewing Company, and West Bozeman has its own shopping centers, like Flanders Crossing and the Gallatin Valley Mall.

Midtown residents can walk to the shops and restaurants of downtown Bozeman.
Midtown residents can walk to the shops and restaurants of downtown Bozeman.
Bozeman Ponds residents can shop the stores of Gallatin Valley Mall nearby.
Bozeman Ponds residents can shop the stores of Gallatin Valley Mall nearby.
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Events and attractions in Bozeman

Bozeman is also an artistic city with live music, art exhibits and cultural events. The Sweet Pea Festival is one of the city's largest annual gatherings. Every August, Bogert Park fills up with food vendors, arts and crafts booths, and live musicians. The Museum of the Rockies is in the southern part of the city, and shows off the geological and anthropological history of the area.

There are incredible displays at Museum of the Rockies near the University neighborhood.
There are incredible displays at Museum of the Rockies near the University neighborhood.
A man harvests an artwork that was planted at Tinworks Art Exhibit in Bozeman's Northeast neighborhood.
A man harvests an artwork that was planted at Tinworks Art Exhibit in Bozeman's Northeast neighborhood.
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Biking, driving and taking the bus in Southern Montana

Interstate 90 curves through the city's east side, providing access north to neighboring Belgrade and the Bozeman Yellowstone International Airport, about 10 miles away. Main Street is Bozeman's east-west artery. "You can get from one side of the city to another in about 30 minutes," says Meissner. Winter weather is an element drivers should be prepared for in Bozeman. "The majority of people will get a winter snow tire," says Meissner. The city also has 80 miles of bike lanes that are prominently featured in city and development planning. "In Bozeman proper, a lot of people walk or bike to work," says Meissner. "The city, with all of our growth, has been smart about requiring bike lanes; those are all over town." There is also a free bus system called Streamline that services the city and connects to Belgrade and Four Corners.

Bozeman Public Schools

Bozeman School District 7, Montana's No. 1 school district, serves the city. Gallatin High School opened in 2020 and is a big draw for homebuyers in the western part of the city. Bozeman High School is closer to downtown Bozeman and is the state's No. 1 high school, according to Niche. Montana State University's campus is near downtown Bozeman. It's the largest research entity in Montana, and has more than 250 academic options.

Montana State University offers over 250 educational programs with a variety of degrees.
Montana State University offers over 250 educational programs with a variety of degrees.
Bozeman High School is the top rated public high school in Montana.
Bozeman High School is the top rated public high school in Montana.
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Montana’s safest micropolitan city

Crime rates in Bozeman are significantly low compared to the national average and are the lowest of the seven major cities in Montana. According to the Bozeman Police Department’s 2023 Annual Report, there were 714 violent crimes and 1,589 property crimes in Bozeman, and 67.98 crimes per 1,000 people. By comparison, Great Falls, the largest city in Montana, had 138.76 crimes per 1,000 people. There were 363.8 cases of violent crime per 100,000 people in the U.S. in 2023.

Conor Lobb
Written By
Conor Lobb
Joe Kirsch
Photography Contributed By
Joe Kirsch
Aiyshanti Green
Video By
Aiyshanti Green

Interested in learning more about homes in this area? Reach out to Greg Smith, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Bozeman Housing Trends

Housing Trends

Median List Price
$740,000
Median Sale Price
$705,000
Median Single Family Sale Price
$820,000
Median Townhouse Sale Price
$564,900
Median 2 Bedroom Sale Price
$499,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
928
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$419

Area Facts

Number of Homes in Neighborhood
13,711
Number of Homes for Sale
411
Median Year Built
2004
Months of Supply
5.30
Average Single Family Home Size Sq Ft
2,257
Above the national average
1,925
Average Townhouse Size Sq Ft
1,700
Average 2 Bedroom Size Sq Ft
1,273
Average 1 Bedroom Size Sq Ft
844
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Sep 21
    Open Sun 12PM - 2PM

    5430 Vahl Way, Bozeman, MT 59718

    $849,000

    • 4 Beds
    • 2.5 Baths
    • 2,573 Sq Ft
    • 5430 Vahl Way
    • New 4 days ago

    Welcome to The Lakes at Valley West, one of Bozeman’s most sought-after neighborhoods. Where mountain views, walkable waterfronts, and thoughtfully designed homes create an exceptional living experience.Nestled on a quiet street near park space with views of the lake from inside the home, this meticulously crafted 2021 built, 4-bedroom, 2.5-bath home blends luxury and comfort with

    Agent Photo
    Ashley Taylor
    AmeriMont Real Estate
    (406) 540-6321
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  • Sunday, Sep 14
    Open Sun 2PM - 4PM

    501 White Horse Loop, Bozeman, MT 59718

    $1,175,000

    • 4 Beds
    • 3 Baths
    • 2,450 Sq Ft
    • 501 White Horse Loop
    • New 20 days ago

    Some homes just hit different—this one feels like it’s been waiting for you. Perfectly placed against a peaceful walking trail and across from a park with playgrounds and BBQ pavilions, it’s a home built for connection, play, and those Montana sunsets that stop you in your tracks.The owners went all in with nearly $100,000 in custom landscaping, including a wildflower garden that explodes

    Agent Photo
    Tamara Williams
    Tamara Williams and Company
    (406) 356-8544
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  • Sunday, Sep 14
    Open Sun 1PM - 3PM

    4271 Cover St, Bozeman, MT 59718

    $559,000

    • 3 Beds
    • 2.5 Baths
    • 1,528 Sq Ft
    • 4271 Cover St

    The cutest townhouse in the cutest subdivision! Extremely clean and move in ready. Located on a quiet and low traffic street, this house features a smart and well flowing floorplan with main living/entertaining on the first level and bedrooms on floor two. The spacious living room features a gas fireplace, the centrally located kitchen is well planned for efficient cooking, and the dining room is

    Agent Photo
    Pam McCutcheon
    Small Dog Realty
    (406) 643-4597
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Bozeman

Property Mix - Square Feet

Bozeman Has More Renters

Demographics

Total Population
66,236
Median Age
32
Population Density
68 ppl/acre
Population under 18
21.1%
On par with the national average
23.8%
Population over 65
11.9%
Below the national average
19.1%

Finances

Median Household Income
$75,174
On par with the national average
$71,702
Average Household Income
$108,536

Education and Workforce

High School Graduates
97.8%
College Graduates
59.7%
Significantly above the national average
34.1%
Advanced Degrees
24%
Above the national average
13.3%
% Population in Labor Force
74.5%

Weather

Annual Precipitation
20''
Average Winter Low Temperature
15°F
Average Summer High Temperature
82°F
Annual Snowfall
98''

Area Factors

Very Bikeable

Bike Score®®

74 / 100

Somewhat Walkable

Walk Score®®

63 / 100

Some Transit

Transit Score®®

29 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bozeman