It is reasonable to say 2020 has actually been quite a year! In 2015 we anticipated that 2020 would be a strong year for Bozeman property, but no one could have anticipated how the Covid pandemic would impact the marketplace. At the end of 2019, the average prices of a single-family house in Bozeman was $489,850, and at the end of 2020 that has increased by 19% to $585,000. As unpredictability continues it's difficult to state what 2021 will bring, but a lot of experts concur the real estate market will stay strong, specifically in Bozeman. Low stock has actually been a concern in Bozeman for a number of years, but given that May of 2020, we have seen a drastic decline in houses for sale.