Bozeman, Gallatin County housing prices escalate, median prices approach $600K

Bozeman co-housing

Inside the Bozeman city limits, the median sales price of a single-family home increased between August 2019 and August 2020 by more than $100,000, or 21.5%. The median sales price of a single-family home in Bozeman proper in August was $584,500. In July, it was $510,000.

The sales price for townhomes in Gallatin County also grew between July and August, from a median of $320,000 in July to $379,438. The median sales price of condominiums in August was $344,500, dropping by $1,500 from the previous month.



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High demand, lack of housing drives Missoula’s median home price to $338K

“We are at historically low levels of housing supply to points that we’ve never seen before,” Wahlberg said. “It generally means that sellers hold an extreme advantage. They’re able to ask for a high sales price and obtain it.”

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