Bozeman, MT 59715 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price (unavailable), is not present in the provided metrics and therefore cannot be used to quantify realized transaction values—use of listing-side metrics should be treated as a proxy until sold-price data is available.
2. The median listing price is 1,485,000 and, combined with a median days on market of 34, suggests a flat price trend environment with a moderate sales velocity that may indicate pricing friction between sellers and buyers rather than rapid turnover.
3. The median price per square foot is 514 while the median market rent is 1,995; with rents trending up this points to continued strength in rental demand even as for-sale price growth appears muted.
4. Market context shows a neutral market temperature overall, but elevated interest rate pressure is present—Current 30-year fixed mortgage rates in Bozeman, MT, are averaging 6.75%, which may temper buyer purchasing power and support a more balanced market between buyers and sellers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.