🌄 Gallatin Valley Land Market Update – May 2025

By Theresa Huyser | The Montana Living Strategist™

If you’ve been watching the land market in Southwest Montana, April brought some surprises. While the median price for land skyrocketed, the price per acre and the number of closings told a more nuanced story. The market is shifting — and land is once again proving that it plays by its own set of rules.

Whether you’re dreaming of wide-open space, investing in future potential, or scouting the perfect place to build a forever home, here’s what’s happening in the Gallatin Valley land market right now:

April 2025 Land Market Snapshot – Gallatin Valley

• Median Sale Price (Land): $522,700
  Up 182.7% year-over-year

• Median Price per Acre: $591,076
  Down 18.9% from last year

• Closed Sales: 16 land parcels
  Down 42.9% — activity slowed considerably

• New Listings: 63
  Down 8.7% — a tightening pipeline of inventory

• End-of-Month Inventory: 360 listings
  Up 11.5% — more land options available overall

• Median Days on Market: 105 days
  Up 90% — a clear signal that land is taking longer to move

• New Pendings: 27
  Up 8% — subtle but steady buyer interest remains

What Does It All Mean?

The median price jump likely reflects a few large or premium parcels closing in April — not a market-wide spike. At the same time, the drop in price per acre and longer days on market tell a more realistic story: the land market is cooler, but buyers are still circling with long-term vision in mind.

This is a space that rewards patience, timing, and deep local knowledge — and it's not one-size-fits-all. Some parcels are still moving quickly (especially those with water rights, build-ready infrastructure, or in prime locations), while others are sitting as the market rebalances.

Thinking About Land?

Buying or selling land in Montana is a different journey than residential real estate. Zoning, access, water rights, covenants, and infrastructure all play a major role in pricing, timelines, and feasibility.

Whether you’re purchasing land for a future home, an investment, or to protect a piece of Montana for generations to come, I’ll help you navigate the details with strategy, integrity, and a vision-based approach.

Let’s Walk the Land Together

I offer free land consultations, including parcel evaluations, market comps, and strategy sessions for those curious about buying, holding, or listing land in Southwest Montana.

📲 Schedule a chat 406.451.6056
📧 theresahuyser@gmail.com
📍 Serving Bozeman, Three Forks, Livingston, Belgrade & surrounding areas

Southwest Montana Land — Handled with strategy, heart, and deep local knowledge.

🌿 Gallatin County Real Estate Market Update | May 2025

By Theresa Huyser | The Montana Living Strategist™

Spring in Southwest Montana always brings change — in weather, in energy, and in real estate. April’s numbers tell the story of a market in transition: more homes are hitting the market, buyers are coming back with fresh energy, and sellers are learning that strategy matters more than speed.

Whether you’re planning a move or just keeping an eye on trends, this market update is your monthly dose of grounded insight and intentional advice.

📊 April 2025 Snapshot – Gallatin County Residential

(Includes single-family homes, condos, and townhomes)

• Median Sales Price: $638,500
  ⬇️ Down 6.8% from April 2024

• Median Price per Square Foot: $355
  ⬇️ Down 1.7% year-over-year

• Closed Sales: 124
  ⬇️ Down 5.3% from last year

• New Listings: 306
  ⬆️ Up 5.5% — a welcome increase in fresh inventory

• End-of-Month Inventory: 636
  ⬆️ Up 9.7% — more choices for buyers

• New Pendings: 190
  ⬆️ Up 28.4% — a clear sign buyers are re-engaging

• Days on Market (for homes sold same month as listed): 21
  ⬆️ Up 70.8% — homes are sitting longer than last year

🏠 Gallatin Valley Detached Homes Only

(Excludes condos and townhomes — just single-family homes)

• Average Sale Price: $790,000
  ⬆️ Up 2.6% year-over-year

• Median Price per Square Foot: $382
  ⬆️ Up 2.6%

• Closed Sales: 80
  ⬇️ Down 5.9% from April 2024

• New Listings: 191
  ⬆️ Up 1.1%

• End-of-Month Inventory: 381
  ⬆️ Up 15.8%

• New Pendings: 119
  ⬆️ Up 14.4%

• Median Days on Market: 18
  ⬆️ Up 111.8%

💡 What This Means for You

This is not a "cooling" market — it's a clarifying one.

The frenzy of past years has given way to a more thoughtful rhythm. Buyers have time to reflect, compare, and make intentional decisions. Sellers are finding that pricing it right from the start matters more than ever. And professionals like me? We're here to help bridge the gap — not just between list and sale, but between lifestyle and strategy.

If you’re planning to sell, the good news is that buyer interest is rising again, but pricing with precision and preparing your property thoughtfully are key to success.

If you’re buying, you may find more options, more flexibility, and less competition than we've seen in recent years. It’s a great time to explore what truly fits your life.

🧭 A Grounded Path Forward

Real estate isn’t just about transactions — it’s about transitions. Whether you’re planting roots, selling your sanctuary, or investing in what’s next, I’m here to support you with strategy, heart, and deep local knowledge.

🎁 Complimentary CMA + Strategy Session

Curious what your home is worth in this shifting market? Let’s talk. I offer free Comparative Market Analyses and custom Trail-to-Closing™ strategy sessions to help you plan your next steps with confidence and clarity.

📲 Schedule today 406.451.6056
📧 theresahuyser@gmail.com
📍 Serving Bozeman, Belgrade, Livingston, Three Forks & beyond

Southwest Montana Real Estate — Grounded. Strategic. Soulful.