🌄 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 at TheresaHuyser.com
📧 hello@theresahuyser.com
📍 Serving Bozeman, Three Forks, Livingston, Belgrade & surrounding areas

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