Median price for residential apartments in Bozeman, MT as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
386 Bozeman, MT, USA apartments for sale
Bozeman
According to statistics, the population in Bozeman, MT amounts to 43,132, which shows growth 3% compared to the previous year. The median age of the city’s residents is 28. The average household income is $49,217, shifting growth 1% from the past year, and the average property value in Bozeman, MT growth 12% to $310,800 throughout the year.
| Population | 43,132 |
| Median Age | 28 |
| Poverty Rate | 21% |
| Household Income | $49,217 |
| Number Of Employees | 25,982 |
| Median Property Value | $310,800 |
Household Income
The average household income in Bozeman, MT grew from $48,612 to $49,217 in the past year. This data is an estimate based upon 18,114 households in Bozeman, MT . The chart below presents how household income is distributed in Bozeman, MT in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bozeman, MT shifted from $278,700 to $310,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bozeman, MT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bozeman, MT properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bozeman, MT compared to median property taxes around the country. The prevalent amount of property taxes in Bozeman, MT equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Bozeman, MT, USA
Average apartment sale in Bozeman: $843,536 (-5.7%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $820,172 | -23.4% |
| 1-bed apartments | $612,600 | +29.1% |
| 2-bed apartments | $651,832 | +31.4% |
| 3-bed apartments | $609,134 | -23.8% |
| 4+ bed apartments | $1,193,926 | +4.6% |
During Nov 2022, the average price for an apartment in/near Bozeman, MT decreased by 5.7% to $843,536.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 29.1% to $612,600. Asking price for 2-bed apartment also increased by 31.4% and a place of this size will now cost you $651,832. A 3-bed apartment goes for $609,134, it decreased by 23.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.6% and made it up to $1,193,926.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Lofts for sale | $1,228,538 | +20.8% |
| Other for sale | $1,282,333 | N/A |
| Duplexes for sale | $1,192,084 | +1% |
| Condos for sale | $511,819 | -9% |
| Houses for sale | $1,008,123 | -5.5% |
| Land for sale | $609,895 | -41.9% |
Price reports demonstrate that house price decreased by 5.5% this month making it up to $1,008,123. Condos faced an upward trend these days. The median price for a condo decreased by 9%, it’s now available for $511,819. You can now purchase a duplex for just $1,192,084, duplex price increased by 1% this month. The price dynamics of lofts changed, it increased by 20.8%, the price tag now starts at $1,228,538.