Bozeman Real Estate Market Update May 2026 | Prices, Inventory & What It Means
Posted by Tamara Williams on
Bozeman Real Estate Market Update | May 2026
A More Balanced Market Is Here, But It’s Not What Most People Think
If you’ve been watching the Bozeman market and wondering what’s actually happening right now, here’s the truth:
We are no longer in the chaos of 2020–2022… but we are also not in a “buyer’s market.”
What we’re in is something much more nuanced, a slower, more strategic, and more balanced market.
The Numbers Right Now (May 2026)
- Median List Price: $1,029,000
- Median Price of New Listings: $1,237,500
- Price Per Square Foot: ~$422
- Average Days on Market: 155 days
- Median Days on Market: 119 days
- Price Reductions: ~20% of listings
- Inventory: ~160 active listings
- Market Action Index: 33 (Slight Seller…
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