Belgrade Condominium
Market Report
A data-driven overview of current condominium market conditions in Belgrade, Montana. Built for buyers, sellers, investors, and anyone tracking the local real estate landscape.
Whether you're a buyer evaluating timing and affordability, a seller assessing pricing strategy, an investor tracking trends, or simply staying informed about local conditions, these insights are designed to help you make confident, well-informed decisions.
Real estate markets are dynamic and influenced by a variety of factors — from inventory levels and days on market to interest rates, economic shifts, and buyer/seller behavior. A single metric can tell part of the story, but the true picture emerges when we examine multiple data series together. Rising median prices might suggest a hot market, but when viewed alongside decreasing transaction volume, it reveals whether momentum is building, cooling, or stabilizing.
The charts and statistics below highlight the most relevant trends in Belgrade for Condominiums. We are here to help navigate these insights and answer any questions about how they apply to your specific goals.
Current Market Statistics
A snapshot of active inventory and key pricing metrics for condominiums in Belgrade right now.
BELGRADE REAL ESTATE MARKET STATISTICS
BELGRADE
CONDOMINIUMS/TOWNHOMES
| ACTIVE LISTINGS: | 29 |
| AVERAGE PRICE: | $439,414 |
| AVERAGE PRICE/SQ FT: | $268 |
| AVG. DAYS ON MARKET: | 97 |
| MEDIAN PRICE: | $460,000 |
| MEDIAN PRICE/SQ FT: | $266 |
| MED. DAYS ON MARKET: | 94 |
Median Close Price Trends
Recent median close price history with year-over-year percent changes, showing how Belgrade's condominium market has moved through different economic cycles.
Median price · 2025
$345,000
↓ -8.97% from 2024
5-year range
$327k – $380k
Low 2021 · High 2022
Median close price · 5-year history
Year-over-year change
Median Sale Price & Price Per Square Foot
Long-term median sale price and price-per-square-foot data, providing the most complete picture available of value trends in the Belgrade condominium market.
Belgrade Condominiums/Townhomes
Median Sale Price & Price Per Sq. Foot
Data loaded: 22 years found (1948 total transactions used).
Sales Volume & Transaction Count
Total annual sales volume alongside transaction counts — a critical pairing that reveals whether price trends are driven by a growing or contracting pool of buyers.
Belgrade Condominiums/Townhomes
Total Sales Volume & Transaction Count
Loaded 22 years of data.
% of Original List Price Received
How close to asking price are condominiums actually selling? This metric is one of the clearest indicators of buyer negotiating power versus seller leverage, and how that balance has shifted over time.
Belgrade Condominiums/Townhomes
Average % of Original List Price Received & Transaction Count
Loaded 22 years of data.
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Data sourced from the Southwest Montana Multiple Listing Service (BSCMLS). Updated March 31, 2026. All MLS information is deemed reliable but not guaranteed.