Is Bozeman, MT 59718 a buyer’s or seller’s market?
Bozeman is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 12% of U.S. ZIP codes, and #3 of 4 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bozeman housing market right now
In the three months ending August 31, 2026, 0% of homes in Bozeman, MT 59718 sold above their list price, the typical home went under contract in 63 days and there were 4.7 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 256 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (68 days then) and the median sale price fell 7% to $697,698. Overall, Bozeman is about as competitive as it was a year ago.
Within Gallatin County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Bozeman ranks #3 of 4 MT ZIP codes with enough sales (score 18 out of 100).
Run the numbers for 59718
Nearby markets
Belgrade 59714Balanced $316 /sq ftBozeman 59715Balanced $466 /sq ftGallatin Gateway 59730Buyer’s market $801 /sq ftManhattan 59741Balanced $382 /sq ft Browse all markets →Towns like Bozeman nearby
Find towns like Bozeman in other states →Where Bozeman is
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Questions about Bozeman real estate
Is Bozeman a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Bozeman, MT 59718 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 Bozeman?
The typical home went under contract in 63 days in the latest three months.
Do homes in Bozeman sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Bozeman?
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 Bozeman?
The median sale price was $697,698 in the three months ending August 31, 2026, about $353 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