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Sarah Mitchell

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Compass Real Estate · Gallatin Gateway, MT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Gallatin Gateway, MT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Gallatin Gateway, MT Housing Market & Real Estate

Buyer's market+337.1% YoY

Housing market overview · Updated monthly ·

$2.29Mmedian sale price

How is the Gallatin Gateway, MT housing market right now?

The median home sale price in Gallatin Gateway, MT is $2.29M, up 337.1% year-over-year. Homes sell in an average of 235 days with 6 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Gallatin Gateway a buyer's or seller's market?

Buyer's market6.0 months of supply235 avg. days on market

Gallatin Gateway, MT is currently a buyer's market, based on 6.0 months of supply and homes selling in about 235 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

235

Average pace

Active listings

6

6.0 months supply

Sale-to-list

Below asking

What does the Gallatin Gateway housing market data show?

Current housing market statistics for Gallatin Gateway, MT
MetricValue
Median sale price$2.29M
Median list price$1.96M
Year-over-year price change+337.1%
Average days on market235 days
Active inventory6 listings
Months of supply6.0 months
Median price per sq ft$734/sq ft
Homes sold (latest month)1
New listings (latest month)2
Listings with a price cut16.7%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Gallatin Gateway by property type?

How the Gallatin Gateway, MT market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Gallatin Gateway, MT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.29M$734/sq ft1235 days

Source: Redfin · Updated monthly

The Gallatin Gateway housing market is currently classified as a buyer's market with a median sale price of $2.29M. Prices have risen 337.1% compared to last year, with homes spending an average of 235 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 14.4x provides context for how home values compare to local earning capacity.

Homes for sale in Gallatin Gateway

There are currently 6 homes listed for sale in Gallatin Gateway, Montana. The median listing price is $2.0M.

Active listings

6

Homes on market

Median list price

$2.0M

Avg. days on market

235

Days until sale

New this week

2

Newly listed

Price drops:16.7%of listings

Who lives in Gallatin Gateway?

Population

1,092

Median income

$81,429/yr

Median age

39.4 years

Owner-occupied

90.2%

College grads

34.9%

Avg commute

29.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Gallatin Gateway?

Zillow home value

$1.17M

Price-to-income

14.4x

Source: Zillow Research

What is it like to live in Gallatin Gateway?

Gallatin Gateway is a community of approximately 1K residents with a median age of 39.4 years.The median household income is $81,429, which reflects a relatively affluent area with strong earning potential. 34.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gallatin Gateway offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Gallatin Gateway?

5 schools tracked · 530 students

The largest public schools serving Gallatin Gateway, MT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Ophir Elementary School

Grades PK-5 · 195 students

Charter

Lone Peak High School

Grades 9-12 · 113 students

Charter

Gallatin Gateway School

Grades PK-6 · 107 students

Charter

Ophir 7-8

Grades 6-8 · 88 students

Charter

Gallatin Gateway 7-8

Grades 7-8 · 27 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Gallatin Gateway, MT?

Want a head-to-head view? Compare Gallatin Gateway side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Gallatin Gateway?

The median home sale price in Gallatin Gateway is $2.29M, up 337.1% from last year.

How long do homes stay on market in Gallatin Gateway?

Homes typically spend 235 days on market before going under contract.

What is the median income in Gallatin Gateway?

The median household income is $81,429 per year.

Is Gallatin Gateway a buyer's or seller's market?

With 6.0 months of supply, Gallatin Gateway is currently a buyer's market.

What is the Zillow home value estimate for Gallatin Gateway?

The Zillow Home Value Index (ZHVI) for Gallatin Gateway is $1.17M, representing the typical home value in the area.

How much does a single-family home cost in Gallatin Gateway?

The median single-family home price in Gallatin Gateway, MT is $2.29M (about $734 per square foot).

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