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County Overview

Gallatin County, MT

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Gallatin County, MT real estate market currently shows 739 active listings, with 193 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 91 days on market compared to 88 days last year.

The median listing price has fallen 13.4% year-over-year, from $981,000 to $849,950.

Whether you are buying or selling in Gallatin County, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 119,147  ·  Density: 57.4/mi²  ·  Median household income: $83,901

Typical home value: $536,933  ·  Homeownership: 61.6%

Included Areas

Bozeman: 59715, 59717, 59718, 59719, 59771, 59772

Belgrade: 59714

Gallatin Gateway: 59730

Manhattan: 59741

Three Forks: 59752

West Yellowstone: 59758

Willow Creek: 59760

Area Map

Market Overview

Active Listings
739
⇧ 8% vs 684 last year
Pending
193
26% pending ratio
Median Price
$849,950
⇩ 13.4% vs $981,000 last year
Average Price
$1,864,828
⇩ 21.6% vs $2,378,660 last year
Days on Market
91
⇧ 3.4% vs 88 days last year

Price Per Square Foot

Median $/sqft
$430
⇩ 0.9% vs $434/sqft last year
Median Home Size
2,074 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 31.6% vs 0.1% last year
Price Increased
0%
⇩ 8.3%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %