The Bozeman housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 13.2% in the past month alone. With 4.9 months of supply, Bozeman's inventory levels remain relatively tight. Homes are now taking an average of 138 days to sell, significantly longer than the 78 days typical for this market. 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 68.4. Based on current market indicators, home prices in Bozeman are projected to increase by approximately 26.8% over the next month.
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