Market Overview
Home Prices in Big Sky, MT
The median home value in Big Sky, MT is $1,869,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Big Sky are priced356% above average. Big Sky is part of the Bozeman, MT metro area.
Over the past five years, Big Sky home values have risen by approximately27.2%, reflecting strong long-term appreciation in this market.
Price History
Big Sky Home Price Trend
City Comparison
Big Sky vs. National Median
At $1,869,170, homes in Big Sky cost 356% above the national median of $410,000. Buyers in Big Sky should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Big Sky?
20% Down Payment
$373,834
on $1,869,170
Monthly P&I
$9,748/mo
30-yr @ 6.8%
Total Monthly Est.
~$12,380/mo
incl. taxes & insurance
Income Needed
$495,200
gross annual (30% rule)
10% Down Option
$186,917
+ PMI applies
Loan Amount (20% dn)
$1,495,336
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 Big Sky, MT?
The median home value in Big Sky is $1,869,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Big Sky?
Over the past year, home values in Big Sky have increased by 2.7%. Over five years, prices have risen approximately 27.2%.
How much do I need to earn to buy a home in Big Sky?
To comfortably afford the median home price of $1,869,170 with a 20% down payment ($373,834) at today's rates (6.8%), you'd need a gross annual income of approximately $495,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Big Sky compare to the national average home price?
The national median home value is approximately $410,000. At $1,869,170, homes in Big Sky are 356% above the national average.
What metro area is Big Sky part of?
Big Sky is part of the Bozeman, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.