Bozeman, MT
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1991 Q4 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is bozeman on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +4.1%
nominal +4.1%
Five years
Five years real +22.9%
nominal +42.3%
Ten years
Ten years real +87.0%
nominal +144.4%
Twenty-five years
Twenty-five years real +168.0%
nominal +374.7%
Since 2000
Since 2000 real +183.0%
nominal +415.6%
2007 to 2012
crash, real −29.2%
2007Q2 to 2012Q2
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 647.0 | 647.0 | real year on year +3.5% |
| 2025 Q4 | 624.9 | 624.9 | real year on year +1.9% |
| 2024 Q4 | 613.5 | 613.5 | real year on year +1.2% |
| 2023 Q4 | 588.6 | 606.0 | real year on year +0.8% |
| 2022 Q4 | 561.0 | 601.4 | real year on year +3.6% |
| 2021 Q4 | 501.3 | 580.4 | real year on year +24.0% |
| 2020 Q4 | 386.1 | 468.0 | real year on year +6.0% |
| 2019 Q4 | 360.0 | 441.7 | real year on year +5.7% |
| 2018 Q4 | 334.5 | 417.9 | real year on year +7.3% |
| 2017 Q4 | 304.3 | 389.5 | real year on year +6.4% |
| 2016 Q4 | 279.9 | 365.9 | real year on year +8.2% |
| 2015 Q4 | 255.4 | 338.1 | real year on year +6.4% |
| 2014 Q4 | 239.9 | 317.9 | real year on year +7.9% |
| 2013 Q4 | 218.8 | 294.7 | real year on year +6.4% |
| 2012 Q4 | 202.6 | 276.8 | real year on year +1.4% |
| 2011 Q4 | 195.8 | 273.1 | real year on year −7.3% |
| 2010 Q4 | 204.8 | 294.7 | real year on year −7.4% |
| 2009 Q4 | 217.7 | 318.3 | real year on year −8.3% |
| 2008 Q4 | 238.3 | 347.1 | real year on year −7.1% |
| 2007 Q4 | 246.9 | 373.5 | real year on year −1.7% |
| 2006 Q4 | 244.2 | 380.1 | real year on year +7.7% |
| 2005 Q4 | 219.7 | 352.9 | real year on year +14.6% |
| 2004 Q4 | 185.4 | 307.9 | real year on year +12.1% |
| 2003 Q4 | 161.1 | 274.6 | real year on year +7.0% |
| 2002 Q4 | 147.1 | 256.6 | real year on year +5.5% |
| 2001 Q4 | 137.3 | 243.2 | real year on year +3.3% |
| 2000 Q4 | 129.3 | 235.5 | real year on year +3.2% |
| 1999 Q4 | 121.2 | 228.2 | real year on year +2.6% |
| 1998 Q4 | 115.6 | 222.4 | real year on year +1.9% |
| 1997 Q4 | 111.7 | 218.3 | real year on year +1.7% |
| 1996 Q4 | 107.3 | 214.5 | real year on year −0.5% |
| 1995 Q4 | 104.8 | 215.7 | real year on year +1.4% |
| 1994 Q4 | 100.5 | 212.6 | real year on year +14.0% |
| 1993 Q4 | 85.9 | 186.6 | real year on year +5.1% |
| 1992 Q4 | 79.4 | 177.4 | real year on year +8.1% |
| 1991 Q4 | 71.3 | 164.2 | — |
2026 Q2647 · real 647real year on year +3.5%
2025 Q4625 · real 625real year on year +1.9%
2024 Q4613 · real 613real year on year +1.2%
2023 Q4589 · real 606real year on year +0.8%
2022 Q4561 · real 601real year on year +3.6%
2021 Q4501 · real 580real year on year +24.0%
2020 Q4386 · real 468real year on year +6.0%
2019 Q4360 · real 442real year on year +5.7%
2018 Q4335 · real 418real year on year +7.3%
2017 Q4304 · real 389real year on year +6.4%
2016 Q4280 · real 366real year on year +8.2%
2015 Q4255 · real 338real year on year +6.4%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 14580. Real terms by the World Bank's US consumer price index, annual.