The Bozeman housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 3.3% in the past month alone. With 5.0 months of supply, Bozeman's inventory levels remain relatively tight. Homes are taking about 42 days to sell, which is -19 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Bozeman market with the affordability index at 92.8. Based on current market indicators, home prices in Bozeman are projected to increase by approximately 13.7% over the next month.
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