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Billings

Why you'd want to live in Billings

Billings is the largest city in Montana, with a population estimated at 117,116 as of 2020. Located in the south-central portion of the state, it is the seat of Yellowstone County and the principal city of the Billings Metropolitan Area, which has a population of 171,677. It has a trade area of over 500,000. Billings was nicknamed the "Magic City" because of its rapid growth from its founding as a railroad town in March 1882. The city is named for Frederick H. Billings, a former president of the Northern Pacific Railroad. With one of the largest trade areas in the United States, Billings is the trade and distribution center for much of Montana east of the Continental Divide, Northern Wyoming, and western portions of North Dakota and South Dakota. Billings is also the largest retail destination for much of the same area. The city is experiencing rapid growth and a strong economy it has had and is continuing to have the largest growth of any city in Montana. via billingsmt.gov

billings Yellowstone County Homes for sale

Billings Market Report

$356,770

AVERAGE PRICE OF 1,330 HOMES

$2,366,859

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$459,655

AVERAGE PRICE OF 157 NEWLY BUILT HOMES

$667,117

AVERAGE PRICE OF 17 HOMES WITH A POOL

$439,229

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $356,770
Avg Bedrooms 1.69 beds
Avg Bathrooms 1.21 baths

Average Price by Bedrooms

1 bedroom $369,975
2 bedrooms $276,406
3 bedrooms $402,502
4 bedrooms $506,984
5 bedrooms $619,034
Billings Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 1,357 1,413 1,499 1,399 1,313
Average Price $355,723 $364,598 $364,208 $391,726 $396,256
Avg Price Change -2.49% +0.11% -7.56% -1.16% n/a
Median Price $260,831 $279,675 $292,943 $324,426 $320,205
Med Price Change -7.22% -4.74% -10.75% +1.32% n/a
Avg Bedrooms 1.69 beds 1.72 beds 1.78 beds 1.94 beds 1.89 beds
Avg Bathrooms 1.2 baths 1.23 baths 1.26 baths 1.4 baths 1.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 601 $389,491 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,330 $356,770 96 days
Multi-Million Dollar Homes 47 $2,366,859 95 days
Newly Built Homes 157 $459,655 90 days
Homes with a Pool 17 $667,117 88 days
Reduced Price Homes 14 $439,229 59 days