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Belgrade City Hall and JailBelgrade City Hall and Jail · Photo: Robstutz · CC BY-SA 4.0
Housing in Belgrade

303 homes sold in Belgrade in the last year, at a typical $539K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Belgrade homes are listed.

Homes sold
303
June 2025 to May 2026
Typical sale price
$539K
houses $565K · condos $350K
Price per square foot
$301
Montana $291
For sale now
89
May 2026 · 30 sold that month
What sold · last 12 months

5% of Belgrade’s sales are condos, at $215K less than a house

232 houses and 14 condos sold in the year to May 2026. Houses sell faster.

Houses$565K

typical sale · 232 sold in 12 months

Per square foot
$314MT $283
Days to sell
75
Sold over asking
0%
Listings with a price cut
25%
Condos$350K

typical sale · 14 sold in 12 months

Per square foot
$263MT $424
Days to sell
106
Sold over asking
0%
Listings with a price cut
34%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $2M
Townhouses: 56 sold, typical $469K

Too few sales in 12 months for reliable figures.

13 years of sales

More homes sell than most years, at 2.2 times the 2016 price

303 sales in the last year, against 416 in 2020 and a low of 151 in 2013. The typical sale went from $242K in 2016 to $539K.

Homes soldTypical sale price
0112225337450$225K$350K$475K$600K2013: 151 sold, typical $179K’132014: 165 sold, typical $195K2015: 164 sold, typical $210K’152016: 209 sold, typical $242K2017: 267 sold, typical $273K’172018: 277 sold, typical $293K2019: 334 sold, typical $319K’192020: 416 sold, typical $336K2021: 316 sold, typical $447K’212022: 227 sold, typical $521K2023: 221 sold, typical $521K’232024: 242 sold, typical $542K2025: 265 sold, typical $543K’25Last 12 months: 303 sold, typical $539KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Belgrade

Houseat $314 a sq ft
Condoat $263 a sq ft
The same money in Montanaat $283 a sq ft

Is this asking price fair?

Check a listing against what Belgrade homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Belgrade are back to pre-pandemic levels, and more homes are for sale

We read every month of Belgrade’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 303 sales.

If you’re buying in Belgrade

  • Shop in April. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 79 days.
Best time to buy

Spring brings the homes; winter brings the bidding wars

May has the most new listings (about 33 a month), but January is the most competitive: 0% of January sales close over asking. January has the least competition (0%) but only about 19 new listings.

New listings a monthShare sold over asking
08.817.526.3357%13%20%Sweet spotJan: 19 new listings a month, 0% sold over asking, 82 days to sellJFeb: 20 new listings a month, 0% sold over asking, 99 days to sellFMar: 27 new listings a month, 0% sold over asking, 81 days to sellMApr: 32 new listings a month, 0% sold over asking, 69 days to sellAMay: 33 new listings a month, 0% sold over asking, 65 days to sellMJun: 31 new listings a month, 0% sold over asking, 65 days to sellJJul: 26 new listings a month, 0% sold over asking, 62 days to sellJAug: 29 new listings a month, 0% sold over asking, 70 days to sellASep: 23 new listings a month, 0% sold over asking, 69 days to sellSOct: 22 new listings a month, 0% sold over asking, 70 days to sellONov: 17 new listings a month, 0% sold over asking, 72 days to sellNDec: 14 new listings a month, 0% sold over asking, 85 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Montana as a whole

Belgrade now2017–192021 peakMT now
Sold over askingShare of sales that closed above the list price0%0%0%0%
Gone within two weeksShare of homes under contract within 14 days21%1%0%31%
Listings with a price cutShare of homes for sale that cut their price26%——20%
Price paid vs. askingAverage sale price ÷ list price———94.9%
Days to sellMedian days from listing to contract79805586
Supply

94 homes for sale on a typical day

That’s 2.2 times the 2015 low (42) and 24% more than in 2017–19.

2013: 45 for sale’132014: 50 for sale2015: 42 for sale2016: 56 for sale’162017: 59 for sale2018: 72 for sale2019: 97 for sale’192020: 83 for sale2021: 50 for sale2022: 53 for sale’222023: 45 for sale2024: 77 for sale2025: 100 for sale’25Last 12 months: 94 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against — in 2017–19 and 20% across Montana.

2022: 9%’222023: 18%2024: 17%2025: 28%’25Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 67%, condos 52%

A house typically sold for $565K in the last year (232 sales), a condo for $350K (14).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $187K, 118 salesHouses 2014: $204K, 131 salesHouses 2015: $220K, 119 salesHouses 2016: $253K, 160 salesHouses 2017: $281K, 217 salesHouses 2018: $308K, 212 salesHouses 2019: $339K, 236 salesHouses 2020: $364K, 291 salesHouses 2021: $496K, 209 salesHouses 2022: $547K, 157 salesHouses 2023: $580K, 136 salesHouses 2024: $568K, 156 salesHouses 2025: $569K, 194 salesHouses last 12 months: $565K, 232 salesHouses $565KCondos 2013: $91K, 13 salesCondos 2014: $106K, 14 salesCondos 2015: $200K, 12 salesCondos 2016: $155K, 13 salesCondos 2017: $167K, 18 salesCondos 2018: $273K, 23 salesCondos 2019: $231K, 18 salesCondos 2020: $259K, 24 salesCondos 2021: $297K, 33 salesCondos 2022: $368K, 17 salesCondos 2023: $356K, 14 salesCondos 2024: $381K, 12 salesCondos 2025: $338K, 16 salesCondos last 12 months: $350K, 14 salesCondos $350K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Montana

Belgrade ranks 7th of 18 busy Montana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Belgrade is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Belgrade home costs about $3,121 a month

Mortgage
Property tax
Insurance
Rent

Price: Belgrade’s typical sale, last 12 months. Property tax at Belgrade’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Belgrade is affordable on local pay is on Cost of living.

Before you buy in Belgrade

Six things worth knowing

33

New listings in May

The month with the most choice. December has the fewest, about 14.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $539K home, about $3,710 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Belgrade, from test results, graduation and how much students grow.

Schools in Belgrade
25 min

Typical commute

The average one-way trip to work for people who live in Belgrade.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Four Corners for far more

The busier markets within 25 miles of Belgrade, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bozeman706$696K$3670%78
Belgrade303$539K$3010%79
Four Corners107$1.1M$4240%90
Manhattan39$626K$3440%61
King Arthur Park28$745K$3610%107

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Belgrade, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Belgrade. People who follow the town see it, and so do people comparing Belgrade with their own town. No commission, no listing fee.

Questions about buying a home in Belgrade

What do homes sell for in Belgrade, MT?

303 homes sold in the year to May 2026 at a typical $539K, $301 a square foot. Houses sold for about $565K, condos for about $350K.

Is Belgrade a buyer’s or seller’s market?

A seller’s market: 89 homes were for sale in May 2026 and 30 sold, about 3 months of supply., and 26% of listings cut their price.

When is the best time to buy in Belgrade?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Belgrade?

About 0.7% of a home’s value a year. On a $539K home that’s near $3,710.

Where can I see homes for sale in Belgrade?

Zillow, Redfin, Realtor.com and Homes.com all carry Belgrade’s MLS listings; the search links above open each one filtered to Belgrade.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).