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Is Big Sky, MT 59716 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Big Sky is a buyer’s market. With about 13.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply13.2Under 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 market189Listing to accepted offer
Median price per sq ft$926▼ −9.7% vs. last year

The Big Sky housing market right now

In the three months ending August 31, 2026, 0% of homes in Big Sky, MT 59716 sold above their list price, the typical home went under contract in 189 days and there were 13.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (198 days then) and the median sale price fell 22% to $1,998,135. Overall, Big Sky is more competitive than a year ago, so tougher for buyers.

Within Madison County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 59716

Prefilled for 59716Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59716Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alder 59710Buyer’s market $289 /sq ftCameron 59720Buyer’s market $810 /sq ftEnnis 59729Buyer’s market $408 /sq ftHarrison 59735Balanced $332 /sq ft Browse all markets →

Towns like Big Sky nearby

Find towns like Big Sky in other states →
Gallatin Gateway, MT59730 · 7 miles away37% similarlower income ($43K less) · cheaper homes ($81K less) Manhattan, MT59741 · 36 miles away30% similarlower income ($51K less) · cheaper homes ($480K less) Belgrade, MT59714 · 36 miles away21% similarlower income ($46K less) · cheaper homes ($546K less) Bozeman, MT59718 · 27 miles away19% similarlower income ($43K less) · cheaper homes ($449K less)

Where Big Sky is

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Questions about Big Sky real estate

Is Big Sky a buyer’s or seller’s market?

A buyer’s market: there were 13.2 months of supply in Big Sky, MT 59716 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 Big Sky?

The typical home went under contract in 189 days in the latest three months.

Do homes in Big Sky sell over asking?

0% of homes sold above their original list price.

What are property taxes in Big Sky?

About 0.41% of a home’s value a year in Madison County, or roughly $1,640 on a $400,000 home.

What is the median home price in Big Sky?

The median sale price was $1,998,135 in the three months ending August 31, 2026, about $926 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