Billings, MT housing market
The typical Billings home is worth about $401,000, up 2.5% in a year, 15% below the Montana typical home. Homes typically sell in 57 days.
Home values, sales, trends and how Billings compares with the towns next door — updated as new data is published.
Billings at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Billings | Montana |
|---|---|---|
| 2017 | $235,000 | $233,000 |
| 2018 | $243,000 | $248,000 |
| 2019 | $252,000 | $262,000 |
| 2020 | $266,000 | $277,000 |
| 2021 | $285,000 | $318,000 |
| 2022 | $337,000 | $406,000 |
| 2023 | $368,000 | $434,000 |
| 2024 | $382,000 | $447,000 |
| 2025 | $392,000 | $464,000 |
| 2026 | $397,000 | $468,000 |
| August 2026 | $401,000 | $472,000 |
Billings and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Billings | $401K | +2.5% | 57 | $73,712 |
| Lockwood | — | — | 45 | $75,700 |
5.4 years of income
The typical Billings home costs about 5.4 years of the town's median household income, less than across Montana (6.5 years).
How Billings ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.