The Bozeman housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 10.5% in the past month alone. With 3.2 months of supply, Bozeman's inventory levels remain relatively tight. Transaction volume is up 140% compared to what's typically expected this time of year. A significant 26.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. 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 94.5. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Bozeman, MT has a total population of 50,274 residents. The area is predominantly White (87.9%), The area has a more homogeneous population distribution. With a mid-sized population, Bozeman, MT provides a good balance of community feel and urban amenities.
Crime analysis for Bozeman, MT shows 545 total incidents across all categories. The most prevalent crime type is Property Crime (47.2% of all incidents). This is followed by Assault at 44.8%. The crime rate in Bozeman, MT is moderate, with violent crimes being more common than property crimes. Residents and visitors should remain aware of their surroundings and take appropriate safety precautions.
Bozeman, MT features 1 investment hotspots with varying levels of activity. The average nightly rate of $148 suggests an affordable market for travelers. Guest satisfaction is good with an average rating of 4.2/5. The high average hotspot score of 0.88 indicates excellent investment potential in these areas. The area features 34 hotels, offering limited but growing accommodation options.
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