45Alpha

Bozeman, MT metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Bozeman, MT metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+16.982
Inventory Health25%
+4.642
Affordability20%
3
Economic Strength20%
No data
50
Rental Yield15%
51

Where is Bozeman, MT metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bozeman, MT metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Bozeman, MT metro area housing market data

MetricValueYoY
Median Sale Price$690K▲ +6.1%
Median Days on Market70 days▲ +11.1%
Months of Supply4.7-6%
Homes for Sale839-1.1%
Homes Sold179▲ +4.7%
Median Price / Sq Ft$360-0.1%
Sale-to-List Ratio100.0%

How has Bozeman, MT metro area’s Alpha Score moved?

Now: 45
4-period trend
Median sale price · 12 mo

Markets like Bozeman, MT metro area

Frequently asked questions

Is Bozeman, MT metro area a buyer's or seller's market?

As of May 2026, Bozeman, MT metro area is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bozeman, MT metro area?

The median sale price in Bozeman, MT metro area is $690K, having risen 6.1% over the past year.

How affordable is Bozeman, MT metro area?

Bozeman, MT metro area scores 3 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bozeman, MT metro area's Alpha Score?

Bozeman, MT metro area's strongest dimension is Price Momentum (82/100) and its weakest is Affordability (3/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Bozeman, MT metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.