Market Overview
Home Prices in Belgrade, MT
The median home value in Belgrade, MT is $554,966 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belgrade are priced35% above average. Belgrade is part of the Bozeman, MT metro area.
Over the past five years, Belgrade home values have risen by approximately15.3%, reflecting steady appreciation in this market.
Price History
Belgrade Home Price Trend
City Comparison
Belgrade vs. National Median
At $554,966, homes in Belgrade cost 35% above the national median of $410,000. Buyers in Belgrade should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Belgrade?
20% Down Payment
$110,993
on $554,966
Monthly P&I
$2,894/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,675/mo
incl. taxes & insurance
Income Needed
$147,000
gross annual (30% rule)
10% Down Option
$55,497
+ PMI applies
Loan Amount (20% dn)
$443,973
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Belgrade, MT?
The median home value in Belgrade is $554,966 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Belgrade?
Over the past year, home values in Belgrade have decreased by 1.8%. Over five years, prices have risen approximately 15.3%.
How much do I need to earn to buy a home in Belgrade?
To comfortably afford the median home price of $554,966 with a 20% down payment ($110,993) at today's rates (6.8%), you'd need a gross annual income of approximately $147,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Belgrade compare to the national average home price?
The national median home value is approximately $410,000. At $554,966, homes in Belgrade are 35% above the national average.
What metro area is Belgrade part of?
Belgrade is part of the Bozeman, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.