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Market Trends & Statistics of 2022

The following market trends and statistics were gathered in June of 2022 from Big Sky Country Multiple Listing Service (MLS) InfoSparks using Gallatin Valley and class specific filters (listed in each category title) with a one-year rollover.

Gallatin Valley Housing Market Trends

Median sale prices have increased 30.2% to $690,000 since May 2021. Gallatin Valley had a 21.2% new listing count increase from May 2021 to May 2022. The number of sales closed during the month decreased by 22.9% between May 2021 and May 2022. Overall, these properties spent an average of 39 days less on the market in this time frame.

Gallatin Valley Residential Single Family Homes Under 1 Acre

Median sale prices have increased 24.6% to $799,000 since May 2021. Gallatin Valley had a 35.2% new listing count increase from May 2021 to May 2022. The number of sales closed during the month decreased by 12.5% between May 2021 and May 2022. Overall, these residential properties spent an average of 15 days less on the market in this time frame.

Gallatin Valley Residential Single Family Homes Over 1 Acre

Median sale prices have increased 102.2% to $1,750,000 since May 2021. Gallatin Valley had a 7.4% new listing count decrease from May 2021 to May 2022. The number of sales closed during the month decreased by 50.0% between May 2021 and May 2022. Overall, these residential properties spent an average of 8 days less on the market in this time frame.

Gallatin Valley Residential Condominiums & Townhomes

Median sale prices have increased by 37.2% to $590,000 since May 2021. Gallatin Valley had a 10.9% new listing count decrease from May 2021 to May 2022. The number of sales closed during the month decreased by 14.1% between May 2021 and May 2022. Overall, these residential properties spent an average of 66 days less on the market in this time frame.

Gallatin Valley Land Under 1 Acre

Median sale prices have decreased 43.0% to $155,000 since May 2021. Gallatin Valley had a 16.7% new listing count increase from May 2021 to May 2022. The number of sales closed during the month decreased by 30.0% between May 2021 and May 2022. Overall, these land properties spent an average of 75 days less on the market in this time frame.

Gallatin Valley Land Over 1 Acre

Median sale prices have increased 45.6% to $650,000 since May 2021. Gallatin Valley had a 52.2% new listing count increase from May 2021 to May 2022. The number of sales closed during the month decreased by 51.3% between May 2021 and May 2022. Overall, these land properties spent an average of 40 days less on the market in this time frame.

View more statistics here:

January 2022 Rollover Market Trends

February 2022 Rollover Market Trends

March 2022 Rollover Market Trends

April 2022 Rollover Market Trends

May 2022 Rollover Market Trends

If you are interested in learning how your home fits into these numbers, contact your Broker, they will be excited to hear from you!

Relocation Resources – Bozeman MT

Bozeman is is a thriving and welcoming community. For those preparing to relocate to the Last Best Place – you can use these helpful relocation resources noted below to simplify your move to Bozeman.

 

When planning a relocation to Bozeman Montana there are so many details that need your attention. To help your move not become overwhelming, we want to assist you to find important resources in this area that can make the move to your new home go as smoothly as you dreamed. Knowing where and how to quickly update your new residency information and essential services will ease your transition.

 

To help you get settled in your new Bozeman home and neighborhood, we have created a list of community information with government and business services to make your move straightforward. We welcome our new Bozeman community members sharing our Montana quality of life under the Big Sky.

 

 

Utilities – Gas and Electric

Northwestern Energy 888-467-2669

 

Government Services

City of Bozeman Services

Gallatin County Services

 

Schools

Gallatin County Schools

 

Montana Motor Vehicle Division

Driver Licensing

Contact MVD

MVD Bozeman Drivers Exam Station

2005 Gilkerson Drive, Suite B

Bozeman, Montana 59715

406-587-0461

 

Healthcare Services

Bozeman Health

 

US Post Office

Office at 2201 Baxter Lane

Office at 32 East Babcock Street

Change of address form

 

Trash Removal Services

L&L Site Services 406-388-7171

Republic Services

 

Shopping and Entertainment

Downtown Bozeman

Bozone

 

Telecommunications

Spectrum

Century Link

Verizon Wireless

AT&T Wireless

T-Mobile

 

If you have chosen your new home, that’s wonderful, if you are still looking to find that dream home in Bozeman you’ll need to work with an experienced Bozeman real estate agent.  Our seasoned agents are here to guide you to the perfect property. Now you can begin by searching Bozeman properties!

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