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University Neighborhood

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Montana
$939K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.250
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$939K
Median sizeThe middle home size here, measured in square feet.1,404 ft²
Median bedroomsThe middle bedroom count for homes here.4
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1950
Single familyThe share of homes here that are single-family houses.86%
CondosThe share of homes here that are condos.2.4%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.84%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.6%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.36%
Company ownedThe share of homes owned by a company or trust instead of a person.31%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.22%
Typical ownership tenureHow long the typical owner here has held their home.15.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.176

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.30%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.897
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,136 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$68K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$96K
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.19 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

How University Neighborhood compares

By median home value, University Neighborhood is the 4th most expensive of 12 neighborhoods in Gallatin County, and its typical home is worth more than 61% of all homes in Gallatin County.

Home values in University Neighborhood

Share of homes at each estimated value.

Median
$656K$1.9M
neighborhoods in Gallatin County ranked by median home value
#Gallatin CountyMedian valueHomes
1South Central$1.2M488
2Bogert Park$975K251
3Southeast Neighborhood$967K131
4University Neighborhood$939K250
5Cooper Park$917K604
6Northeast$897K923
7New Hyalite View$889K293
8Bozeman Creek$839K406
9Loyal Gardens$825K160
10Valley Unit$591K634
11Flanders Creek$511K357
12Bozeman Ponds$455K529

About the University Neighborhood market

How many homes are there in University Neighborhood, MT?

University Neighborhood, MT contains 250 residential properties, with a median of 1,404 square feet, 4 bedrooms, built around 1950. The median TopHap Estimate is $939K.

How does University Neighborhood, MT compare to the rest of Gallatin County?

By median home value, University Neighborhood, MT is the 4th most expensive of 12 neighborhoods in Gallatin County. Its typical home is worth more than 61% of all homes in Gallatin County. Southeast Neighborhood ranks just above it and Cooper Park just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in University Neighborhood, MT?

36% of homes in University Neighborhood, MT are owner-occupied. 31% are held by a company rather than an individual.

How much equity do owners in University Neighborhood, MT hold?

84% of mortgaged homes in University Neighborhood, MT are equity-rich, meaning the loan balance is under half the home's value. 1.6% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore University Neighborhood on the map

See every recorded sale, price heat map, school zone and flood overlay across University Neighborhood in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map