When we visited Bozeman in 2018, it was hard to find a decent home for sale under $400K. I remember thinking that it was far more expensive than we would have guessed, but it’s a college town and pretty desirable. There were 3-4 bedroom homes with 2-5 acres in the outskirts of town that were going for $750K to over $1.5 million.
I understand what median means. I just find that $150K median housing price rather low figure for that area during the run up to Covid as early as 2018. Maybe 10 years earlier when the real estate market crashed? I even looked at the municipal website and I found that in 2018 the median price was $427K, which seemed to reflect what we saw.