Intro to Bozeman

Bozeman real estate in the summer of 2020

by Liz Nitz

Bozeman real estate in the summer of 2020

What happened in Bozeman real estate in the summer of 2020?

2020 was the  summer where Covid raged across the United States, shutting down major cities and even some entire states.  Yet here in Bozeman, we saw an influx of out of town buyers.  What were the driving factors behind this influx?

 

Bozeman Is a Great Place to Work From Home

*According to online brokerage Redfin, page views of homes in towns with fewer than 50,000 residents were up 87% year over year in May. Why? The pandemic has created more work-from-home opportunities. As a result, employees are eager for homes in small towns that have more affordable options, room to breathe, and a community-focused quality of life that’s hard to find in big cities.

 

Relative Affordability and a Strong Housing Market

Bozeman’s housing market rebounded quite nicely in May after reopening from Covid-19 closures. Currently, the median home price in Bozeman in March 2020 was $485,000; outside the city limits it was $547,000. But as *Bozeman’s population has grown by nearly 20% in the last five years, there’s definite buzz about its continued growth and what that means for housing supply and prices.

 

High Quality of Life

Another reason why Bozeman saw an influx of out of town buyers in summer of 2020 was due to Bozeman’s reputation as a true gem when it comes to active amenities for its lucky residents.

We  are lucky enough to have:
Bridger Bowl: This local, family-friendly ski resort is just 16 miles away. There are two free shuttles from Montana State University and the Gallatin Fairgrounds to/from Bridger Bowl.
Main Street to Mountains: This amazing trail system connects Bozeman to the mountains and spans more than 80 miles through public and private land. Great for walking, hiking, biking, birdwatching, and just taking in some beautiful, natural scenery.
Bridger Ski Foundation: This community ski organization runs programs for all ages in Nordic, Alpine, and Freestyle skiing. They also groom an incredible network of community trails for the public in Bozeman.

 

Ease of Transportation

Getting around Bozeman is pretty stress-free, and scenic too!
*The average one-way commute time is 14.6 minutes; compared to the national average of 26.4 minutes.
Hop on your bike or walk along the popular Galligator commuter trail, which connects Montana State University to Downtown Bozeman. Or hit the many designated bike lanes throughout the town.
Streamline Bus: The area’s public bus offers FREE service from Bozeman, Belgrade, Four Corners, and Livingston, with seasonal service to Bridger Bowl.

For more information about the Bozeman real estate and living in Bozeman, check my website and blog at https://movemetomontana.com/ 

 

*Sources
Prospera Business Network: 2020 Economic Profile of Gallatin and Park Counties, Montana
redfin.com
bestplaces.net

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The following homes listed below were just listed in the last 7 days. This seller’s market is hot so we keep a close eye on the latest inventory. Subscribe below for instant updates of your ideal criteria.

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1484 Stewart Loop, Bozeman, Montana 59718

1484 Stewart Loop, Bozeman, Montana 59718

4Bedroom(s)
3Bathroom(s)
2.26Acre
3,181Sqft
Welcome to Sunrise Homes in Gallatin Heights subdivision, located in beautiful Bozeman, Montana! This 3,181 sqft home is absolutely stunning! With 4 bedrooms, a flex room that can be used as an office or study with double glass doors just off the entrance, 3.
$794,804

39 Border Lane, Bozeman, Montana 59718

39 Border Lane, Bozeman, Montana 59718

3Bedroom(s)
1Bathroom(s)
1.24Acre
1,632Sqft
The perfect piece of Montana. Corner lot, horse property with panoramic Bridger mountain views within minutes from downtown Bozeman! This rare gem features over 1.2 acres in the highly popular Baxter Creek subdivision. The home boasts thoughtful finishes throughout and a large bonus room in basement.
$649,900

1995 Buckrake Avenue, Bozeman, Montana 59718

1995 Buckrake Avenue, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.12Acre
1,757Sqft
This townhouse is a rare find, with a fully fenced back and side yard, large wraparound deck, and bordering park space on two sides. Surprisingly good Bridger mountain views from the deck, living room and master suite. Main living areas are on the first floor, with all bedrooms and laundry area on the second floor.
$460,000

34 Riverside Drive, Bozeman, Montana 59715

34 Riverside Drive, Bozeman, Montana 59715

4Bedroom(s)
3Bathroom(s)
0.32Acre
3,334Sqft
This Locati designed home on the #1 hole of Riverside Country Club has a wonderful backyard setting for you and your guests to enjoy. Take in the mature landscaping and south facing views while relaxing on the patio during those long summer evenings. Inside you will find cherry flooring and cabinets with classic brick styling on the centerpiece fireplace for the cold winter nights.
$869,000

150 Coulee Drive, Bozeman, Montana 59718

150 Coulee Drive, Bozeman, Montana 59718

4Bedroom(s)
3Bathroom(s)
0.75Acre
2,728Sqft
Beautiful single family home on 3/4 acre lot! This 4 bedroom, 3 bath home built by Ken LeClair has been tastefully updated and feels bright and spacious! Features a 3 car attached garage, ample storage space throughout and a wrap around deck with views of the Bridger Mountains. Appliances, water heater, carpet and garage doors have all been replaced in the past three years.
$585,000

476 Enterprise Boulevard 220, Bozeman, Montana 59718

476 Enterprise Boulevard 220, Bozeman, Montana 59718

1Bedroom(s)
1Bathroom(s)
648Sqft
Exceptional contemporary one bedroom condo on the beautiful south side of Bozeman, close to the University. Featuring hardwood floors, quartz countertop, built in bluetooth bathroom mirror, and a covered balcony.
$269,900

426 Cedar Wood Circle, Bozeman, Montana 59718

426 Cedar Wood Circle, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.19Acre
3,048Sqft
Don’t miss this beautifully designed, Pro Builders custom-built home in desirable North Star Subdivision.
$569,000

1297 Thomas Drive, Bozeman, Montana 59718

1297 Thomas Drive, Bozeman, Montana 59718

2Bedroom(s)
2Bathroom(s)
1,075Sqft
Newly constructed condominiums offering a combination of 1 BD/1.5 BA units along with 2BD/2BA units and 2BD/2.5BA properties. GE appliance package with including electric range, dishwasher, disposal, microwave, exhaust hood, washer/dryer, refrigerator. Quartz countertops, natural gas forced air and AC. Walk-in closets with storage, some condos have decks with additional storage.
$349,000

5756 Westmorland Drive, Bozeman, Montana 59718

5756 Westmorland Drive, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.10Acre
1,986Sqft
Oh yes, the Lakes of Valley West; a highly sought after community located in Bozeman, MT! This lovely home features 4BR/2.BA & will knock your socks off with its contemporary look and feel w/ large southern exposure windows, located at the end of a cul-de-sac and adjoins the community walking trail.
$599,900
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Bozeman, MT 59715

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