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 indicator of realized market value is median sold price, which is not provided in the metrics; in its absence, rely on the provided listing-side and time-to-sale metrics and recorded trends to assess recent transaction activity and valuation signals.
2. The median listing price is $1,542,500, while the broader price trend is down; this combination suggests seller expectations remain elevated but are facing downward pressure, so price reductions or longer negotiation periods may be increasingly common for sellers seeking market-clearing offers.
3. The median days on market (97) points to slower sales velocity relative to historically brisk periods; expect longer listing exposure to impact seller concession sensitivity and to create opportunities for buyers who can transact without significant contingencies.
4. The median market rent is $1,985 alongside a flat rent trend and moderate interest rate pressure; note that Current 30-year fixed mortgage rates in Bozeman, MT are averaging 6.6%, reflecting a stable interest-rate backdrop that may constrain immediate refinance-driven demand but does not indicate acute market stress.

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.