Is Belgrade, MT 59714 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Belgrade is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$316▲ +2.9% vs. last year

The Belgrade housing market right now

In the three months ending August 31, 2026, 0% of homes in Belgrade, MT 59714 sold above their list price, the typical home went under contract in 65 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 112 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (72 days then) and the median sale price rose 4% to $569,654. Overall, Belgrade is about as competitive as it was a year ago.

Within Gallatin County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Bozeman 59715Balanced $466 /sq ftBozeman 59718Balanced $353 /sq ftGallatin Gateway 59730Buyer’s market $801 /sq ftManhattan 59741Balanced $382 /sq ft Browse all markets →

Where Belgrade is

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Questions about Belgrade real estate

Is Belgrade a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Belgrade, MT 59714 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Belgrade?

The typical home went under contract in 65 days in the latest three months.

Do homes in Belgrade sell over asking?

0% of homes sold above their original list price.

What are property taxes in Belgrade?

About 0.59% of a home’s value a year in Gallatin County, or roughly $2,360 on a $400,000 home.

What is the median home price in Belgrade?

The median sale price was $569,654 in the three months ending August 31, 2026, about $316 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology