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University

University

$912,290 Average Value
$401 Average Price per Sq Ft
6 Homes For Sale

A college neighborhood for everyone

Located right by Montana State University (MSU) is the appropriately named neighborhood of University. Even though most homes are student housing, everyone is welcome to live here. Walking trails, local restaurants and community events all help make up the busy dynamic of this area. “You have a cross-pollination of student housing with homes for primary residents and the two co-exist very well," Mark Meissner says. Meissner is an MSU graduate who works as a sales associate for ERA Landmark Real Estate and has sold several homes in the area. "You have clean, tree-lined streetscapes and classic historic Montana architecture. It’s really got a nice feel to it," he continues.

The University neighborhood has several larger two-story homes on tree-lined streets.
The University neighborhood has several larger two-story homes on tree-lined streets.
Western Cafe has a long history in the Bozeman community and is loved by University residents.
Western Cafe has a long history in the Bozeman community and is loved by University residents.
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Sandwiches, suds and shopping

For casual fare, Café M helps start the mornings with coffee and breakfast wraps, while Rosa’s Pizza serves specialty combo pizzas and loaded “chuckwagon” sandwiches every day. The locally owned and operated Western Cafe specializes in homecooked meals. Extravagant eateries in the neighborhood locally source their ingredients. Feast Raw Bar & Bistro uses sustainably harvested fish and Bridger Brewing serves regionally crafted beers in a laidback pub conveniently located inside Town & Country Foods. Bozeman Market & Deli is convenient for grab-and-go items as well as beer and wine. The Gallatin Valley Mall is just west of MSU, offering plenty of shopping options for everyday needs.

Enjoy a great meal and a glass of wine at several area restaurants near the University neighborhood.
Enjoy a great meal and a glass of wine at several area restaurants near the University neighborhood.
Bridger Brewery is a favorite local brewery near the University neighborhood.
Bridger Brewery is a favorite local brewery near the University neighborhood.
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Walking trails and community gatherings

Langohr Gardens Park provides a refreshing green space with a pollinator garden, a climbing boulder and a playground. Along the garden is a stretch of the Gallagator Trail, which extends for more than 1.5 miles. This trail was part of a now-abandoned railroad and its crushed-stone surface doubles as a pedestrian/ biking commute between MSU and downtown Bozeman. The Story Mansion and Story Park are just to the north, where residents can participate in community events like parties and guest speaking engagements.

University neighborhood Dog owners are welcome on the trails at Langohr Gardens Park.
University neighborhood Dog owners are welcome on the trails at Langohr Gardens Park.
Story Mansion Park near the University neighborhood has a parking lot for visitors.
Story Mansion Park near the University neighborhood has a parking lot for visitors.
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Early to midcentury homes and the Rockies in the distance

Many homes in University are bought and rented out for students. "Because of the proximity to campus, MSU parents like to purchase investment properties for their students and to make some income because it's more cost-effective than paying rent," Meissner says. Overall, the residential areas are a broad mix that include cabins, cottages and duplexes. Properties sit near narrow sidewalks, some of which are shaded with Ponderosa pines and the occasional weeping willow. Many homes were constructed between the 1920s and 1960s, although some contemporary homes can also be found. From streets like S Tracy Avenue and S 3rd Avenue, the regal peaks of the Rocky Mountains can be spotted in the distance. A single-family home with two or three beds can cost anywhere from $660,000 to $800,000, while a larger home with five beds can cost between $750,000 to $2.2 million. Properties can spend about 55 days on the market before selling.

You can find streets in the University neighborhood with smaller cottage or ranch-style homes.
You can find streets in the University neighborhood with smaller cottage or ranch-style homes.
You can find well maintained ranch style homes in the University neighborhood.
You can find well maintained ranch style homes in the University neighborhood.
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Public schools and Montana State University

While MSU drives lots of foot traffic and homebuyers to the neighborhood, the public schools are highly rated. Longfellow Elementary School and Sacajawea Middle School were both rated A by Niche. Also rated A, Bozeman High School includes courses in 21st Century Journalism, Fiction & Film and Native American Studies.

University neighborhood students can attend Sacajawea Middle School.
University neighborhood students can attend Sacajawea Middle School.
Bozeman High School is a top choice for University neighborhood kids.
Bozeman High School is a top choice for University neighborhood kids.
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Highway 191, public transit and airport proximity

Traveling northbound, S 3rd Avenue opens to Highway 191. This road is commuter-friendly and leads to the west entrance of Yellowstone National Park. Streamline buses provide public transit around the neighborhood. The Blueline makes stops along W Grant Street and S Willson Avenue as well as towards the MSU campus and Longview Elementary School. The nearest airport, Bozeman Yellowstone International Airport, is roughly 12 miles when using Interstate-90 W, which intersects with Highway 191.

University neighborhood residents can hop on Highway 191 to head into Yellowstone.
University neighborhood residents can hop on Highway 191 to head into Yellowstone.
The Bozeman Yellowstone International Airport is a short drive from the University neighborhood.
The Bozeman Yellowstone International Airport is a short drive from the University neighborhood.
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Collegiate sports, local attractions and concerts

Being so close to a major college, local sporting events and concerts are always right next door. During the school year, there are collegiate football games at Bobcat Stadium and volleyball games at Shroyer Gym. The Brick Breeden Fieldhouse hosts many regular concerts throughout the year. In fact, the Alpha Delta Fraternity at MSU uses this venue to put on live country music performances to raise money for local and statewide organizations. The neighborhood is also near the Museum of the Rockies, the American Computer & Robotics Museum and the Bozeman Public Library.

University neighborhood residents love watching games at Bobcat Stadium.
University neighborhood residents love watching games at Bobcat Stadium.
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.
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Julia Concepcion
Written By
Julia Concepcion
Joe Kirsch
Photography Contributed By
Joe Kirsch
Derek Fowler
Video By
Derek Fowler

Agents Specializing 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

Transit

Airport

Bozeman Yellowstone International

19 min drive

Bus

College & Access Road

Bus

College & 23rd East

Bus

Grant & Willson

Bus

6th & Garfield North

Bus

Huffine & Harmon Stream

Bus

College & 23rd West

Bus

Garfield & Willson

Crime and Safety

1 - Low Crime, 10 - High Crime University US
Homicide 2 4
Sexual Assault 5 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

University Demographics and Home Trends

Housing Trends

Median List Price
$789,000
Median Sale Price
$710,000
Median Single Family Sale Price
$760,000
Median Townhouse Sale Price
$660,000
Median 2 Bedroom Sale Price
$499,900
Median Change From 1st List Price
9%
Last 12 months Home Sales
19
Median Home Sale Price YoY Change
42%
Average Price Per Sq Ft
$401

Neighborhood Facts

Number of Homes in Neighborhood
314
Number of Homes for Sale
6
Median Year Built
1954
Months of Supply
3.80
Average Single Family Home Size Sq Ft
2,471
Above the national average
1,925
Average Townhouse Size Sq Ft
1,863
Average 2 Bedroom Size Sq Ft
1,027
Median Lot Size Sq Ft
8,276

Open Houses

  • Sunday, Sep 14
    11am - 1pm

    1004 S Willson Ave, Bozeman, MT 59715

    $1,700,000

    • 3 Beds
    • 1.5 Baths
    • 2,623 Sq Ft
    • 1004 S Willson Ave
    • New 12 days ago

    Your chance has arrived!! If you have driven past this home over the years and wished it was on the market it has finally happened' Having been occupied by the same family for 3/4 of a century this home has recently won an award from the city of Bozeman for historical renovation. This charming 3 bedroom craftsman home features a renovated kitchen with GE appliances yet still contoured

    Beau Houston Bozeman Real Estate Group

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  • Sunday, Sep 14
    1 - 3pm

    1714 Alder Ct, Bozeman, MT 59715

    $895,000

    • 4 Beds
    • 2 Baths
    • 2,001 Sq Ft
    • 1714 Alder Ct
    • New 25 days ago

    LOCATION, LOCATION, LOCATION! Just a short walk to Montana State University, this rare single-level home sits on nearly an acre in the heart of Bozeman! With 4 bedrooms, 2 full bathrooms, and an open, light-filled layout, it works well for a wide range of needs, whether you're planting roots, working or studying at MSU, or searching for a solid investment property. The single-level floor plan

    Mikaela Bentley ERA Landmark Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,873
Median Age
25
Population under 18
25.1%
On par with the national average
23.8%
Population over 65
2.9%
Below the national average
19.1%

Finances

Median Household Income
$60,531
Below the national average
$71,702
Average Household Income
$79,011

Education and Workforce

High School Graduates
97.3%
College Graduates
48.9%
Above the national average
34.1%
Advanced Degrees
23.4%
Above the national average
13.3%
% Population in Labor Force
63.6%

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®

71 / 100

Somewhat Walkable

Walk Score®

54 / 100

Some Transit

Transit Score®

25 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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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.
NEIGHBORHOOD
University