Housing · Lockwood
Lockwood, MT housing market
Homes typically sell in 45 days.
Home values, sales, trends and how Lockwood compares with the towns next door — updated as new data is published.
The market right now
Lockwood at a glance
Median sale price
$350K
May 2026 · Redfin
Days on market
45
Montana: 69 days
Homes sold
7
in May · 14 for sale
Market temperature
A seller's market
Buyer's marketBalancedSeller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Nearby
Lockwood and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Lockwood | — | — | 45 | $75,700 |
| Billings | $401K | +2.5% | 57 | $73,712 |
Affordability
3.1 years of income
The typical Lockwood home costs about 3.1 years of the town's median household income, less than across Montana (6.5 years).
How Lockwood ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
75.8%
Montana: 69.2%
Median tax bill
$2,466
Montana: $2,693
Median rent
$1,138
Montana: $1,081
Typical home built
1980
Montana: 1981
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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.