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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

$407,040

AVERAGE PRICE OF 1,349 HOMES

$2,762,556

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$496,011

AVERAGE PRICE OF 172 NEWLY BUILT HOMES

$822,830

AVERAGE PRICE OF 30 HOMES WITH A POOL

$453,921

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $407,040
Avg Bedrooms 1.93 beds
Avg Bathrooms 1.24 baths

Average Price by Bedrooms

1 bedroom $326,900
2 bedrooms $282,139
3 bedrooms $386,081
4 bedrooms $518,040
5 bedrooms $620,840
Billings Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,400 1,387 1,339 1,281 1,196
Average Price $391,490 $393,171 $389,891 $395,148 $393,481
Avg Price Change -0.43% +0.84% -1.35% +0.42% +2.53%
Median Price $299,785 $307,140 $305,021 $313,290 $294,590
Med Price Change -2.45% +0.69% -2.71% +6.35% +12.19%
Avg Bedrooms 1.81 beds 1.89 beds 1.89 beds 1.88 beds 1.79 beds
Avg Bathrooms 1.17 baths 1.2 baths 1.21 baths 1.21 baths 1.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 525 $486,280 115 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,349 $407,040 167 days
Multi-Million Dollar Homes 50 $2,762,556 161 days
Newly Built Homes 172 $496,011 82 days
Homes with a Pool 30 $822,830 74 days
Reduced Price Homes 61 $453,921 63 days