Home and rent prices in Bozeman continue to rise, and unfortunately, there's no end in sight.

Credit: bozeman.net
Credit: bozeman.net
loading...

First, I want to clarify that I'm not an expert in real estate or housing. I'm just an average person that works in Bozeman but lives in an outlying community because I couldn't afford to buy a house within Bozeman city limits.

Get our free mobile app

My morning commute to work from Manhattan is 20 minutes each way, and I make the trip five days a week. With rising gas prices, it's been getting a bit more expensive.

Okay, so back to Bozeman. In almost every area of town, there is new construction. On Mendenhall, where the radio station is located, several new multi-level hotels and apartment buildings have opened in less than five years.

Jesse James
Jesse James
loading...

Over the weekend, I was downtown and saw a flyer for a local real estate agency. Instead of a list of homes that were for sale in Bozeman, it was a list of homes that had recently sold. Most of which for over a million dollars.

Bozeman is literally exploding right now. For people that are able to purchase property here, it's a wise investment. Hyundai recently announced plans to open a new research, development and lab Center for Ultimate Mobility Vehicles in Bozeman, and more companies will most likely follow.

www.hyundai.com
www.hyundai.com
loading...

During the recession in 2008, Bozeman's economy proved to be stable. Home prices barely took a hit. Whether you're benefitting from the growth, or one of the many struggling to live in Bozeman, the fact is that Bozeman will continue to grow and more agricultural land will be turned into housing developments.

Bozeman has officially hit the big time, and if you're keeping your fingers crossed for the housing bubble to burst, don't be disappointed when it doesn't happen.

Private Montana Island Listed For 72 Million Dollars

The largest private island west of the Mississippi River is located on Flathead Lake in Montana. The island which is well over 300 acres comes with two "villas" The main villa and the guest villa. The main villa is over 45 thousand square feet and has an underground shooting range.

20 Pictures of Luxurious Mega-Compound in Big Sky, Montana

Check out this incredible luxurious compound that was recently listed for sale in Montana!

10 Things People Hate About the "New" Bozeman

Bozeman is growing at a rapid pace, and a lot of longtime residents aren't happy about it.

More From My 103.5 FM