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January 13, 2022


ABOUT SMALL HOMES FOR SALE MONTANA

Bozeman Real Estate Market Trends, Prices, Growth, Prices – Bozeman Real Estate
Report™




WHAT DOES ECONOMIC OUTLOOK: REAL ESTATE MARKET ON FIRE – LOCAL – THE DO?

It is reasonable to state 2020 has actually been rather a year! Last year we
forecasted that 2020 would be a strong year for Bozeman real estate, but nobody
might have forecasted how the Covid pandemic would affect the market. At the end
of 2019, the mean list prices of a single-family house in Bozeman was $489,850,
and at the end of 2020 that has actually increased by 19% to $585,000.

1. Inventory will stay low Low stock has been a problem in Bozeman for numerous
years, but because May of 2020, we have seen an extreme decline in homes for
sale. Go Here For the Details is not something we are seeing just in Bozeman,
but across the country. According to, stock is extremely low all over with less
than 500,000 homes for sale.

There are a handful of new neighborhoods being developed in Bozeman, and several
apartments downtown going up, however there will continue to be a lack of supply
issue this year. 2. Demand will remain high Bozeman has been experiencing
development for the previous years and getting nationwide attention as one of
the very best places to live.

What's the deal with the Bozeman Real Estate Market – bozehome + Co




THE OF MONTANA'S REAL ESTATE MARKET STAYS HOT HEADING INTO WINTER

With the variety of people continuing to work from another location and the
desire to leave congested cities, we anticipate this to continue well into the
brand-new year. Including to the demand are regional home purchasers seeking to
either purchase their very first house or upgrade, producing more need for our
struggling supply of houses readily available.

3. The outside communities will see a boost in interest With low supply and high
need, regional agents concur that the surrounding Bozeman communities will see
an increase in interest. Some home purchasers are discovering that living in
Bozeman is just not an option. Luckily there are excellent alternatives nearby.

With the average list prices of a single-family home around $374,000, Belgrade
continues to be a more affordable alternative. Livingston, Manhattan, and 3
Forks will more than likely have more individuals looking to buy houses in their
neighborhoods since they are all within commuting range to Bozeman, have more
economical real estate costs, and smaller sized town vibes.