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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

$388,051

AVERAGE PRICE OF 1,336 HOMES

$2,831,723

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$482,707

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$937,223

AVERAGE PRICE OF 17 HOMES WITH A POOL

$455,904

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $388,051
Avg Bedrooms 1.88 beds
Avg Bathrooms 1.21 baths

Average Price by Bedrooms

1 bedroom $486,300
2 bedrooms $264,275
3 bedrooms $396,647
4 bedrooms $516,825
5 bedrooms $642,981
Billings Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,281 1,196 1,130 1,126 1,111
Average Price $395,148 $393,481 $383,781 $377,677 $377,936
Avg Price Change +0.42% +2.53% +1.62% -0.07% -0.71%
Median Price $313,290 $294,590 $262,572 $246,282 $247,641
Med Price Change +6.35% +12.19% +6.61% -0.55% -8.09%
Avg Bedrooms 1.88 beds 1.79 beds 1.66 beds 1.65 beds 1.64 beds
Avg Bathrooms 1.21 baths 1.16 baths 1.07 baths 1.04 baths 1.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 508 $519,107 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,336 $388,051 158 days
Multi-Million Dollar Homes 42 $2,831,723 168 days
Newly Built Homes 176 $482,707 85 days
Homes with a Pool 17 $937,223 72 days
Reduced Price Homes 48 $455,904 53 days