Bozeman Real Estate Investment Report – 2026

April 9, 2026

Annual Report • 2026

Bozeman Real Estate
Investment Report

A review of investment real estate conditions in Bozeman and southwest Montana for 2026, including market conditions, rent prices, residential outlook, and the continued global appetite for real estate as an investment class.

$925K

2025 single-family median sale price

57%

Bozeman households that are renter-occupied

Most searched investment type globally

The post-pandemic real estate normalization that began in 2022 has largely played out. National markets spent 2023 and 2024 adjusting to elevated interest rates, with transaction volume subdued and annual appreciation modest. By 2026, a degree of stability has returned. Rates have declined from their 2023 peaks but remain elevated relative to the historic lows of 2020-2021, and the broader economic environment continues to favor tangible, income-producing assets.

In Bozeman, the story has shifted from rapid appreciation to steady fundamentals. Price growth has moderated from the double-digit gains of 2021-2022, with the single-family median now at $925,000 following three consecutive years of 1-2% annual gains. What has not changed is the underlying demand: Bozeman continues to draw buyers from larger metros, the rental market remains supply-constrained, and the market offers investors more inventory and more negotiating room than at any point since 2019.

Investor sentiment

Stability and long-term conviction

Investors working with Delger Real Estate have shifted focus from rapid appreciation to durable fundamentals. Bozeman’s housing shortage has not resolved, quality rental properties continue to command strong rents, and Gallatin County remains one of the fastest-growing counties in the western United States. Investors with a long-term horizon view the current, more measured market as a cleaner entry point than the frenzied conditions of 2021-2022.

Key opportunity

More room to negotiate

The biggest shift from 2022 to 2026 is the return of negotiating leverage for buyers. Average days on market for single-family homes extended to 94 days as of April 2026, sellers are more willing to negotiate on price and terms, and bidding wars are no longer the norm. Investors entering the market today can conduct proper due diligence and negotiate on financing contingencies in ways that were nearly impossible just a few years ago.

“Historically, it takes an average of 10 years for a developed economy to return to 2% inflation once the 5% threshold is breached.” — Bank of America, 2022

Mortgage rates increased dramatically in 2022 and peaked in late 2023, making it significantly more difficult to find investment properties that generate positive cash flow from day one. Rates have since moderated, but remain elevated relative to the pre-2022 environment. Investors who have navigated this period successfully are those who underwrote their deals conservatively, maintained adequate reserves, and focused on properties with strong intrinsic rental demand independent of rate conditions. The long-term investment case for Bozeman has not changed.

Real estate is the most searched investment type globally

When many people think about investing, they think of the stock market. But a global investment study published by Forex Suggest measured which investments received the most Google searches worldwide, finding that real estate consistently outpaces every other asset class in investor interest and curiosity.

Real estate ranked as the most searched investment type globally, with over 1.16 million searches in a 12-month period. It held the number one position in 11 different countries, including the United States, reflecting a sustained preference for tangible, income-producing assets over equities and alternatives.

Most searched investment types globally

Rank	Investment type	Search term	Search volume
1	Real Estate	invest in real estate	1,164,000
2	Stocks	invest in stocks	867,000
3	Gold	invest in gold	850,500
4	Cryptocurrency	invest in cryptocurrency	814,700
5	Mutual Funds	invest in mutual funds	744,500
6	Property	invest in property	717,500
7	Crypto	invest in crypto	560,900
8	Commodities	invest in commodities	443,200
9	Bonds	invest in bonds	377,100
10	ETFs	invest in ETFs	317,600

Types of real estate investments

There are several types of real estate investment that investors should be familiar with. Each comes with unique advantages and disadvantages that should be evaluated in the context of your goals, risk tolerance, and available capital.

Real estate investment types

01	Residential real estate
02	Commercial real estate
03	Raw land and new construction
04	Real Estate Investment Trusts (REITs)
05	Crowdfunding platforms

Bozeman residential real estate investment outlook

Delger Real Estate is primarily focused on residential real estate. Quality of life plays a significant role in where people choose to live, and Bozeman continues to attract buyers from across the country. Current market data, updated monthly from the Southwest Montana MLS, is available at the links below.

The median single-family sale price reached $925,000 in 2025, up from $885,000 in 2022 and $409,000 in 2017. After the extraordinary 18% single-year gain recorded in 2022, annual appreciation has settled into a 1-2% range through 2023, 2024, and 2025. As of April 2026, 241 single-family homes are active on the market with an average days-on-market of 94 days, reflecting a more balanced environment with meaningful inventory for buyers to evaluate. View live single-family market data and condominium market data for current figures.

Current median price

$925K

2025 single-family median sale price

After gaining 18% in 2022, appreciation moderated to 1-2% annually through 2023-2025. The long-term appreciation story remains compelling: the median price has risen from $409,000 in 2017 to $925,000 in 2025, a gain of over 126% in eight years. Source: BSCMLS.

8-year appreciation

+126%

Median price gain, 2017 to 2025

Driven by sustained in-migration and a chronic housing shortage, Bozeman has delivered strong long-term appreciation across market cycles. Gallatin County remains one of the fastest-growing counties in the western United States, continuing to support demand for both owner-occupied and rental housing.

Occupancy split

57%

Of Bozeman households are renter-occupied

43% of Bozeman households are owner-occupied and 57% are renter-occupied. Statewide, 68% of households are owner-occupied, making Bozeman’s renter-heavy composition unusual and persistently advantageous for rental property investors.

Bozeman rent prices (2025)

Rent prices in Bozeman have remained elevated across all unit types and have continued to rise modestly from 2022 levels, supported by ongoing demand and limited rental inventory throughout the Gallatin Valley.

Average monthly rent by unit type — Bozeman, MT (2025, approximate)

1-bedroom	~$1,850
2-bedroom	~$2,250
3-bedroom	~$2,800
4-bedroom	~$3,800

Interested in investment real estate in Bozeman?

Contact Delger Real Estate to learn more
about opportunities in southwest Montana.

Cameron Crossing

April 17, 2024

New Development • Bozeman, MT

Cameron Crossing

A new modern farmhouse community coming to the intersection of Jackrabbit Lane and East Cameron Bridge Road in Bozeman, Montana.

260

Planned homes

Acres

Community amenities

Cameron Crossing subdivision rendering — Cameron Crossing planned subdivision rendering.

Cameron Crossing is a planned residential development situated at the intersection of Jackrabbit Lane and East Cameron Bridge Road. The project calls for 260 modern farmhouse-style, single-family manufactured homes spread across 50 acres, bringing a new attainable housing option to the Bozeman area.

“The homes are constructed offsite and transported to the Cameron Crossing subdivision. Residents will own their homes, but not the lots they sit on. A monthly rental fee and community fee will apply in place of lot ownership.” — Cameron Crossing

This ownership structure is an important distinction for prospective buyers to understand. While you hold title to the home itself, the land beneath it is leased rather than purchased. This model is common in manufactured home communities and can offer a lower point of entry into homeownership compared to traditional site-built properties.

What the community will include

Walking trails

Planned pedestrian paths throughout the community give residents a place to walk, jog, and connect with neighbors in an outdoor setting.

Dog park

A dedicated off-leash area designed for residents and their pets, adding everyday convenience and a gathering point for the community.

Playgrounds

Play areas for children are included in the community plan, making Cameron Crossing a family-friendly option for Bozeman area buyers.

Modern farmhouse style

Each home reflects a modern farmhouse aesthetic, offering clean architectural lines and a design sensibility that fits the Montana landscape.

Cameron Crossing location map

The development is located at the intersection of Jackrabbit Lane and East Cameron Bridge Road, placing it within reach of Bozeman amenities while offering a quieter residential setting.

For full details on floor plans, pricing, lot rental fees, and community policies, visit cameron-crossing.com.

Questions about Cameron Crossing?

Talk to Delger Real Estate about
what this community means for you.

Get in touch

Green Homes

December 22, 2022

Sustainable Living • Bozeman, Montana

Green Homes
in Bozeman

A green home is more than an environmental statement. It is a smarter, more efficient way to own property that can reduce your costs, improve your comfort, and protect the value of your investment over time.

Key green home benefits

Lower

Utility costs

Higher

Resale value potential

Green Homes in Bozeman, Montana — Green homes in Bozeman, Montana are designed to minimize environmental impact and maximize energy efficiency.

A green home is a residence that has been designed, built, and operated in a way that minimizes its impact on the environment and maximizes its energy efficiency. Through a combination of smarter materials, better systems, and more efficient design, green homes give homeowners a meaningful advantage in both cost and comfort.

What makes a home green

Green homes incorporate a range of features that work together to reduce energy consumption and environmental impact. Here is a look at the five most significant benefits for homeowners in Bozeman.

Energy efficiency

Green homes are designed to use less energy to heat and cool the living space. Better insulation, high-performance windows, and efficient mechanical systems work together to lower monthly utility bills and reduce your overall carbon footprint.

Improved indoor air quality

Materials and design choices in green homes prioritize the health of the people living inside. Low and no-VOC paints and finishes, combined with energy-efficient air filtration systems, result in cleaner, healthier indoor air compared to conventionally built homes.

Increased durability

Green homes are frequently built with durable, low-maintenance materials that are less likely to wear out or require costly repairs over time. The upfront investment in quality materials often translates into lower long-term ownership costs.

Higher resale value

Demand for energy-efficient homes is growing. Green homes are increasingly attractive to buyers, and properties with verified green features often command a premium when it comes time to sell.

Lower environmental impact

By using fewer resources and generating less waste, green homes contribute to a more sustainable built environment. For homeowners who want their property to reflect their values, the environmental benefits are a meaningful part of the equation.

“Green homes may also be designed to have a smaller footprint, with a focus on compact and efficient use of space. By reducing energy and resource consumption, green homes can save homeowners money on utility bills and contribute to a more sustainable future.” — Delger Real Estate

You do not need a green home to make an impact

Minimizing a home’s environmental footprint and maximizing its energy efficiency does not require building or buying a certified green home. For both real estate investors and individual homeowners, Real Estate Impact Management and smart home management strategies can deliver substantial cost savings and meaningfully reduce the environmental impact of an existing property.

Delger Real Estate advises clients on practical ways to reduce the environmental impact of their homes, regardless of whether those homes were built to green standards. Small changes in how a property is managed, maintained, and upgraded can add up to significant savings over time.

Want to learn more about greener homeownership?

Contact Delger Real Estate about
Real Estate Impact Management.

Tags: Asset Management, Energy Efficient, Environmental Impact, Green Home, Real Estate Impact Management

Real Estate Asset Management

December 22, 2022

Property Services • Bozeman, Montana

Real Estate
Asset Management

Delger Real Estate works with owners and investors to increase the value of their properties, improve return on investment, and reduce the burden of real estate ownership.

Services offered

40%

Of global energy used by buildings

1/3

Of global greenhouse emissions

Real Estate Asset Management is the process of managing and maximizing the value of a real estate asset. Whether you own a single personal residence or a portfolio of investment properties, Delger Real Estate has the specialized skills and experience to help you identify, acquire, and maintain properties that generate income or appreciate in value over time.

Services we offer

Our asset management services cover every stage of property ownership, from initial investment strategy through ongoing maintenance, monitoring, and cost reduction.

Real estate asset management services

01	Real estate investment strategy
02	Conducting market research
03	Identifying and acquiring real estate
04	Budgeting, forecasting, and reporting
05	Overseeing property maintenance and repair
06	Home monitoring (air quality testing, temperature monitoring, leak detectors, and more)
07	Impact management (reducing utility usage)
08	Developing and implementing strategies to increase property value through maintenance and remodeling
09	Reducing the burden of real estate ownership

Reducing the cost of ownership

A property can cost a significant amount of money to maintain when you factor in operational costs, routine maintenance, closing costs, and taxes. Delger Real Estate advises clients on ways to reduce both the ownership and maintenance costs of their properties. We provide guidance on preventative maintenance, help prioritize repairs, and manage contractors for work performed on your behalf.

Impact management and home monitoring

Two of the most valuable services we provide go beyond traditional property management. Real Estate Impact Management focuses on reducing a property’s environmental footprint and lowering utility costs. Home monitoring uses sensor technology to protect your property around the clock.

Impact management

Reducing your environmental footprint

Buildings account for more than 40% of global energy use and as much as one-third of global greenhouse gas emissions, according to the International Standards Organization. Delger Real Estate helps clients implement Real Estate Impact Management strategies that meaningfully reduce utility consumption and environmental impact without requiring a purpose-built green home. Smart home management practices can produce substantial cost savings for both individual homeowners and investment property owners.

Home monitoring

Protecting your property 24/7

Delger Real Estate assists clients with implementing home monitoring sensors for temperature drops, water leaks, and more. Furnace outages and water leaks can cause serious and expensive damage, particularly in unoccupied properties. Water leak detectors placed near sump pumps, water heaters, washers, and sinks send immediate alerts to help you mitigate damage before it escalates. Temperature monitors alert you when interior temperatures drop to unsafe levels. Together, these systems provide peace of mind and help prevent costly emergency repairs.

“Whether a single personal residence or a portfolio of investment properties, Delger Real Estate has the specialized skills and experience to ensure your real estate assets perform at their full potential.” — Delger Real Estate

Ready to protect and grow your investment?

Contact Delger Real Estate to learn more
about Real Estate Asset Management.

Tags: Asset Management, Real Estate Asset Management

Real Estate Impact Management

December 22, 2022

Smart Home • Property Management

Real Estate
Impact Management

Buildings account for more than 40% of global energy use and as much as one-third of global greenhouse gas emissions. Smart property management practices can deliver meaningful cost savings while reducing your environmental footprint.

40%

Of global energy used by buildings

49%

Of home energy bill spent on heating and cooling

15%

Potential heating and cooling savings from insulation

For both real estate investors and individual homeowners, Real Estate Impact Management and Smart Home Management can mean substantial cost savings and a meaningfully reduced environmental footprint. The strategies involved range from simple no-cost habits to targeted upgrades that pay for themselves quickly through lower utility bills.

Below is a practical overview of the four areas where impact management delivers the greatest results for most properties.

01 Reducing water usage

Water waste is one of the most overlooked sources of unnecessary expense for homeowners. The average North American household wastes about 10,000 gallons of water from household leaks every year, and roughly one in ten homes have severe leaks wasting 90 gallons or more per day.

The toilet

The most common water waster

27%

Of a typical home’s water usage comes from toilet flushing

A constantly running toilet wastes approximately eight gallons per hour, or 200 gallons per day. Left unnoticed, a running toilet could waste over 6,000 gallons per month. Toilet leaks tend to be less visible than faucet leaks, making them particularly costly. Delger Real Estate can help you identify whether your toilets and sinks are leaking.

Everyday habits

Other frequent causes of high water bills

Leaks and drips are not the only contributors to elevated water usage. Common everyday habits add up significantly over the course of a month and year. The table below shows how quickly these habits compound into real cost.

Common water-wasting habits

Running the dishwasher partly full	320 gal / year
Leaving the tap running while brushing teeth	8 gal / day
Letting water run for five minutes while hand-washing dishes	10 gal / each time
Failing to fix a broken sprinkler head	2,400 gal / month

Frequent causes of water damage

Some leaks drain harmlessly into a sewer line, wasting water and money without causing structural damage. Others drip onto floors, walls, and building materials, leading to repair costs far greater than any utility bill. Beyond sinks and toilets, these are the locations to monitor closely.

Common sources of damaging water leaks

Washing machine hoses

Refrigerator

Dishwasher

Plumbing under kitchen and bathroom sinks

Pipes

Roof

Windows and doors

“Whether you are concerned about high bills or water damage, it is worthwhile to find and stop leaks quickly. Delger Real Estate can help you identify and address water leaks before they become expensive problems.” — Delger Real Estate

02 Reducing electricity usage

Reducing electricity consumption does not require a major renovation. Some of the most impactful changes are also the simplest and least expensive to implement.

Replacing old incandescent light bulbs with modern LED lighting is one of the highest-return upgrades available to any property owner. LED lighting uses significantly less energy, reducing electricity costs. It lasts considerably longer, reducing maintenance costs. It also generates less heat, lowering the load on cooling systems during warm months. Beyond lighting, turning off power sources when not in use is one of the easiest habits that consistently reduces energy bills over time.

03 Reducing heating and cooling costs

According to the U.S. Department of Energy, 49% of a home’s total energy bill is spent on heating and cooling. This is where the single largest opportunity for cost reduction exists in most properties.

Insulation

Most homes are under-insulated

90%

Of U.S. single-family homes are under-insulated (NAIMA)

Homes built before 1960 are particularly vulnerable. When insulation is lacking, heating and cooling equipment must run longer to reach the desired indoor temperature, increasing utility costs, shortening equipment life, and raising the property’s environmental impact. The EPA estimates homeowners can save 15% on heating and cooling costs by adding insulation in attics, crawl spaces, and basement rim joists. An energy audit is the best way to identify where to focus first.

HVAC

Maintenance lowers costs and extends equipment life

Heating, ventilation, and air conditioning systems control the temperature, humidity, and air quality of a home. Even a high-efficiency system loses performance when poorly maintained. Good HVAC maintenance results in lower energy consumption and extends the useful life of the equipment. Delger Real Estate recommends that filters and systems be inspected at regular maintenance intervals. A well-maintained system costs homeowners less over time and reduces the property’s overall energy footprint.

04 Reducing air leaks

Air leaks are one of the most underestimated contributors to high utility bills. Reducing drafts in a home can produce energy savings of 10% to 20% per year, and the home is generally far more comfortable as a result.

Start by identifying obvious drafts indoors, checking for gaps along baseboards, at the edges of flooring, and at junctures between walls and ceilings. On the exterior, pay close attention to areas where two different building materials meet. Other places to inspect include windows, doors, lighting and plumbing fixtures, switches, electrical outlets, and fireplace dampers. Addressing these areas systematically is one of the most cost-effective improvements available to most homeowners and property investors.

Want to reduce costs and environmental impact?

Contact Delger Real Estate to learn more
about Real Estate Impact Management.

Tags: Energy Efficient, Environmental Impact, Green Home, Heat Effeciently, Real Estate Impact Management, Reduce Cooling Costs, Reduce Electricity, Reduce Heating Costs, Reduce Water Usage, Smart Home Management

How Much Do Homes Cost in Bozeman?

December 5, 2022

Bozeman Real Estate

How Much Do Homes Cost in Bozeman?

Data-driven insight into Bozeman home prices, powered by direct access to the Southwest Montana MLS.

Best Place to Live in Montana

MLS

Direct Data Access

Live

Stats Updated Daily

Delger Real Estate provides some of the earliest and most reliable information on the Bozeman housing market through direct access to data from the Southwest Montana Multiple Listing Service and our proprietary market analytics platform. When reporting on what homes cost in Bozeman, our preferred measure is the median sale price, and there is a specific, data-driven reason for that choice.

Median vs. average price: how a single high-end sale distorts the average while leaving the median unchanged.

Why Median Price Is the Right Measure for Bozeman

The median price divides all recorded transactions into two equal groups: half of all sales occur below the median, and half occur above it. This makes it a far more stable and representative measure of what a typical buyer actually pays.

Bozeman is home to a significant number of high-end and luxury properties. Estates, ranches, and mountain retreats that can command prices well into the millions. In any given month, just a handful of these transactions can dramatically inflate the average sale price, creating a misleading picture of the broader market. The median price is immune to this distortion, which is why it is the standard used by economists, appraisers, and serious real estate analysts.

“The median price is not adversely influenced by extreme values at either end of the market, making it the most honest single number we can use to describe what homes cost in Bozeman at any given time.”— Delger Real Estate

Median Price

The middle value in a ranked list of all sale prices. 50% of homes sell for less, 50% sell for more. Not influenced by outliers. The preferred measure of real estate economists.

Average Price

The sum of all sale prices divided by the number of transactions. A single $10M ranch sale can raise the average by tens of thousands of dollars, misrepresenting what a typical buyer actually pays.

Bozeman: A Market With Unique Characteristics

Bozeman consistently ranks among the most desirable places to live in the United States, regularly cited for its quality of life, outdoor recreation, strong economy, and proximity to world-class ski resorts. This sustained demand, combined with constrained land supply and continued population growth, creates the conditions for a real estate market where prices across all segments remain elevated and competitive.

Understanding where prices stand and how they are trending requires data directly from the source. Delger Real Estate pulls its market statistics directly from the Southwest Montana Multiple Listing Service, giving clients access to the same information used by appraisers and lenders, often before it appears on national platforms like Zillow or Realtor.com.

Five factors that consistently sustain demand and prices in the Bozeman real estate market.

How to Use These Statistics

The market statistics below are updated automatically and reflect current data from the Southwest Montana MLS. They show active inventory, median sale prices, and key trends across the Bozeman market. Whether you are preparing to list your home, evaluating what you can afford to buy, or simply tracking the market over time, these figures give you an accurate, unvarnished picture of where prices stand today.

For a more detailed analysis including neighborhood-level pricing, absorption rates, and a personalized assessment of your property, contact Delger Real Estate directly. We provide complimentary market evaluations for buyers and sellers at any stage of the process.

Current Data

BOZEMAN MARKET STATISTICS

BOZEMAN REAL ESTATE MARKET STATISTICS

BOZEMAN
SINGLE FAMILY HOMES

ACTIVE LISTINGS:	265
AVERAGE PRICE:	$1,838,561
AVERAGE PRICE/SQ FT:	$537
AVG. DAYS ON MARKET:	93
MEDIAN PRICE:	$1,237,500
MEDIAN PRICE/SQ FT:	$435
MED. DAYS ON MARKET:	49

View Market Report

BOZEMAN
CONDOS/TOWNHOMES

ACTIVE LISTINGS:	231
AVERAGE PRICE:	$742,067
AVERAGE PRICE/SQ FT:	$462
AVG DAYS ON MARKET:	97
MEDIAN PRICE:	$540,000
MEDIAN PRICE/SQ FT:	$360
MED. DAYS ON MARKET:	56

View Market Report

BOZEMAN
VACANT LAND

ACTIVE LISTINGS:	183
AVERAGE PRICE:	$1,555,999
AVERAGE PRICE/ACRE:	$939,667
AVG DAYS ON MARKET:	358
MEDIAN PRICE:	$465,000
MEDIAN PRICE/ACRE:	$948,872
MED. DAYS ON MARKET:	230

View Market Report

View All Bozeman Properties →

Talk to an Expert

Get a complimentary market analysis from Delger Real Estate.

Tags: Bozeman Average Homes Price, Bozeman Home Cost, Bozeman Home Price, Bozeman Median Home Price, How Much Do Homes Cost

Bozeman Real Estate Investment Report – 2022

December 5, 2022

Annual Report • 2022

Bozeman Real Estate
Investment Report

A review of investment real estate conditions in Bozeman and southwest Montana for 2022, including market conditions, rent prices, residential outlook, and the global appetite for real estate as an investment class.

14.4%

Single family price increase over 2021

57%

Bozeman households that are renter-occupied

Most searched investment type globally

On a national level, the rapid real estate appreciation and profits that property investors and managers enjoyed following the pandemic fell back to earth and began normalizing in 2022. Real estate investments faced cyclical headwinds including rising interest rates, declining gross domestic product, and declining deal flows.

Despite those conditions, investing in real estate remains the most sought-after investment globally, and Bozeman remained a strong market throughout 2022. The primary story for Bozeman real estate was strong demand against very limited supply. The number of active buyers was down from 2021, but the underlying fundamentals of the market remained compelling for long-term investors.

Investor sentiment

Optimism for the long term

The real estate investors Delger Real Estate works with remained optimistic through 2022. There is no immediate solution to the lack of housing in Bozeman, and investors continued seeking quality investment properties with the expectation of sustained growth and strong returns over the long term.

Key challenge

Cash flow pressure

The biggest challenge investors faced in 2022 was the cost of capital putting pressure on cash flow. Inflation drove up property prices while increased financing costs made it difficult to achieve positive cash flow. Rent prices were rising but had not yet caught up to the increase in acquisition and financing costs.

“Historically, it takes an average of 10 years for a developed economy to return to 2% inflation once the 5% threshold is breached.” — Bank of America, 2022

Mortgage rates increased more than 3% in 2022, making it significantly more difficult to find investment properties in Bozeman that generate positive cash flow. Despite that environment, investors with a long-term perspective remained active in the market. As one investor put it: “We will look back in 10 years, and the prices that seem astronomical today will seem like a bargain.”

Real estate is the most searched investment type globally

When many people think about investing, they think of the stock market. But a 2022 global investment report published by Forex Suggest measured which investments received the most Google searches worldwide. Search volume is a reliable indicator of where investor interest and curiosity is actually focused.

Real estate was the most searched investment type globally, with over 1.16 million searches in the prior 12 months. It ranked as the number one investment search term in 11 different countries, including the United States.

Most searched investment types globally (2022)

Rank	Investment type	Search term	Search volume
1	Real Estate	invest in real estate	1,164,000
2	Stocks	invest in stocks	867,000
3	Gold	invest in gold	850,500
4	Cryptocurrency	invest in cryptocurrency	814,700
5	Mutual Funds	invest in mutual funds	744,500
6	Property	invest in property	717,500
7	Crypto	invest in crypto	560,900
8	Commodities	invest in commodities	443,200
9	Bonds	invest in bonds	377,100
10	ETFs	invest in ETFs	317,600

Types of real estate investments

Real estate investment types

01	Residential real estate
02	Commercial real estate
03	Raw land and new construction
04	Real Estate Investment Trusts (REITs)
05	Crowdfunding platforms

Bozeman residential real estate investment outlook

Delger Real Estate is primarily focused on residential real estate. Quality of life plays a significant role in where people choose to live, and Bozeman continued to be one of the fastest-growing real estate markets in the country throughout 2022.

Price growth

14.4%

Single family median price increase over 2021

The median price for single-family homes sold within Bozeman city limits increased 14.4% over 2021 and 109.44% over the five-year period from 2017 to 2022.

County growth

37%+

Gallatin County population growth

Gallatin County remained the fastest-growing county in Montana, growing at more than 37%. Demand for residential rentals was very strong in 2022 and the supply of quality rental properties remained low.

Occupancy split

57%

Of Bozeman households are renter-occupied

Bozeman rent prices (December 2022)

Rent prices in Bozeman continued to rise in 2022 across all unit types, reflecting the ongoing imbalance between housing supply and tenant demand.

Average monthly rent by unit type — Bozeman, MT (December 2022)

1-bedroom	$1,874	+5% year over year
2-bedroom	$2,150
3-bedroom	$2,650
4-bedroom	$3,700	+18% year over year

Interested in investment real estate in Bozeman?

Contact Delger Real Estate to learn more
about opportunities in southwest Montana.

Tags: Investment Real Estate, Real Estate Investing, Real Estate Investment

Bozeman Airport

November 26, 2022

Local Resources • Bozeman, Montana

Bozeman Yellowstone International Airport

The gateway to Yellowstone and southwest Montana, serving seven major airlines with year-round direct flights.

Direct Airlines

Yellowstone Entrances Served

Rental Car Brands

Direct flight routes map for Bozeman Yellowstone International Airport — Bozeman Yellowstone International Airport offers year-round direct service from seven major carriers across the country.

Southwest Montana’s Bozeman Yellowstone International Airport (BZN) is located in the heart of the beautiful Gallatin Valley. It is the only airport serving as a year-round gateway for two Yellowstone National Park entrances, and also serves the recreation areas of Big Sky Resort and Bridger Bowl Ski Area, along with the business centers of Bozeman, Belgrade, and Livingston and higher education at Montana State University.

Services available in the terminal include eight rental car brands, ground transportation, restaurant and lounge, newsstand, gift shops, a convenience store market, and a Yellowstone Forever store and information center. Complete general aviation services including fueling, aircraft repair, maintenance, flight instruction, charter services, and air ambulance are also available. Bozeman Airport is a United States Customs and Border Protection User Fee Facility.

Airlines with Direct Flights to Bozeman

United Airlines

Alaska Airlines

American Airlines

Delta

Southwest

Allegiant

Sun Country

Airport Contact & Location

Address

850 Gallatin Field Road, Suite 6
Belgrade, MT 59714

Get Directions

Phone

406-388-6632

info@bozemanairport.com

Website

bozemanairport.com

Delger Real Estate • Bozeman, Montana

Ready to make Bozeman
your home base?

Tags: Airport, Bozeman Airport, Bozeman Yellowstone International Airport

Main Street To The Mountains Trail System

April 7, 2022

Outdoor Recreation • Bozeman, Montana

Main Street to the Mountains Trail System

Over 80 miles of trails connecting Bozeman neighborhoods to the mountain trail networks of the Bridger and Gallatin ranges.

80+

Miles of City Trails

5,522

Ft, Drinking Horse Summit

Miles, Bridger Ridge Route

Main Street to the Mountains trail system map showing Bozeman and surrounding mountain trail connections — The Main Street to the Mountains network links city neighborhoods to the Bridger and Gallatin mountain trail systems.

The Main Street to the Mountains trail system winds through Bozeman subdivisions, across ridgelines, and connects up to the mountain trail networks outside of Bozeman. The Gallatin Valley Land Trust and many volunteers have worked hard to expand and maintain these trails.

M Trail

Distance1.7 miles

TypeLoop

DifficultyModerate

LocationBridger Canyon

The Montana State University “M” sits at the mouth of Bridger Canyon on the south flanks of Baldy Mountain. Created by MSU students in 1915, the 250-foot whitewashed rock “M” can be reached by three routes. The right fork follows the ridge for a short, steep hike. The left fork switchbacks through a fir and juniper forest on a more gradual ascent and marks the beginning of the Bridger Mountains National Recreation Trail, a 21-mile ridge route following the contours of the Bridger Range all the way to Fairy Lake. This loop climbs the steeper ridge route and descends through the forest via the switchbacks.

Drinking Horse Mountain

Distance3.5 miles

TypeLoop

DifficultyModerate

Summit5,522 ft

Elevation Gain700 ft

Drinking Horse Mountain is quickly becoming one of the most popular trails in the Gallatin Valley. The figure-eight loop climbs 700 feet from Bridger Creek to the 5,522-foot summit, offering scenic vistas of the Bozeman area and surrounding mountain ranges. Two route options, one steeper and one more gradual, combine to make the full 3.5-mile loop.

Peets Hill

SeasonYear-Round

Connects ToGallagator, Sourdough, Highland Glen

Peets Hill is a popular year-round destination offering sweeping views over the Gallatin Valley, sledding in the winter, and picture-perfect sunsets. It also serves as a natural junction point, connecting directly to the Gallagator, Sourdough, and Highland Glen trails.

Gallagator Trail

Distance2.2 miles

TypeOut & Back

Access PointsBurke Park, Bozeman Public Library

The Gallagator Trail connects Main Street to the south end of town at Sacajawea Middle School, skirting Langhor, Lindley, and Burke parks while bypassing Peets Hill. The trail is accessible at the intersection near Burke Park or on the east side of the Bozeman Public Library.

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Tags: Bozeman Biking Trails, Bozeman Hiking Trails, Bozeman Trail System, Bozeman Walking Trails, Mainstreet To The Mountains Trail System

Bozeman Yellowstone International Airport Receives $21.71 Million

February 1, 2022

Airport News • Bozeman, Montana

Bozeman Airport Receives $21.71 Million in Federal Infrastructure Funding

The award, part of the Infrastructure Investment and Jobs Act, will allow the airport to accelerate ramp resurfacing and expansion projects ahead of schedule.

$21.71M

Federal Infrastructure Award

970K

Projected 2022 Enplanements

Montana Airports Funded

Bozeman Yellowstone International Airport terminal — Bozeman Yellowstone International Airport is among 69 Montana airports receiving funds from the federal infrastructure package.

Bozeman Yellowstone International Airport will receive $21.71 million over a five-year period as part of the Infrastructure Investment and Jobs Act. The funds come from the Federal Aviation Administration and represent the first round of awards distributed to 69 Montana airports from the infrastructure package, according to Democratic Sen. Jon Tester’s office. The bill was signed into law on Nov. 15, 2021.

Airport Director Brian Sprenger said the incoming funds would allow the airport to move up projects previously scheduled for 2023. General and business aviation ramps will be resurfaced with fresh asphalt, and tie-down ramps, which anchor smaller lightweight aircraft like Cessnas that could otherwise be displaced by strong winds, will be expanded.

The airport pays for the work upfront, with federal funds arriving as reimbursement. Award amounts are determined by a needs formula based on annual enplanements, which count how many passengers board flights each year. Sprenger said the airport is on pace to surpass its previous record of 785,000 enplanements set in 2019, projecting roughly 970,000 for the current year.

“This is additional money which allows us to move up projects so we can accelerate things, which is great in our current growth environment.” — Brian Sprenger, Airport Director, Bozeman Yellowstone International Airport

Source: Millions earmarked for Bozeman, West Yellowstone airports, Bozeman Daily Chronicle

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