Is Bozeman A good place to invest in real estate?
Is Bozeman A good place to invest in real estate? Bozeman. This incredibly popular ski town is a great place to invest in property for a profit. It should be no surprise that market values reflect the demand for property. Recent data shows the median home value in Bozeman is $436,800 while most list for $450,000.
Is Bozeman overpriced? It’s actually fairly expensive.
Bozeman’s prices help the town live up to its “Boz Angeles” nickname. In my experience, it is not cheap. At Montana Aleworks, I spent $14 on a burger, and at Blackbird, a roasted cauliflower appetizer set me back the same amount. Brunch at Jam!
Why is rent so high in Bozeman? Bloomberg reports that in the town of Bozeman, where housing prices have really skyrocketed due to increased demand from out-of-staters, the cost of living is now 20% higher than the national average.
Is real estate in Montana good? While Montana has a handful of real estate markets that are great for investing, Billings, Montana has one of the most steadily growing markets where home prices have experienced a consistent increase over the decade and are forecasted to continue growing.