Billings Real Estate Market

Billings Market

The median sale price for homes in Billings over the last 12 months is $175,000.


The median mortgage debt is $84,737.

Additional Statistics for Single Family Homes and Condos in Billings, MT
$245,560
Median Listing Price
45
Median Days on Market
454
Active Listings
0.7%
Distressed Listings
(foreclosures and short sales)
Billings, MT Price Trends - Sold vs. Listed
The median list price in May for single family homes in Billings is $259,900.

The price per square foot for listings in this area is $111.

The median sale price in March for single family homes is $252,106. The sale prices increased by 21.29% from the previous month.

The price per square foot for sales in this area is $95.

Chart Temporarily Unavailable
Billings, MT Market Inventory Trends

The number of active listings in Billings increased by 6% from the previous month.

The median number of days active properties have been listed is 45. This is significantly shorter than the national average.

The number of sales in March dropped by 75.9% from the previous month.

Chart Temporarily Unavailable
Billings, MT Property Ownership

The percent of unoccupied properties is very low in Billings. It is -10.22% below the national average.

The percent of rental properties in Billings is 14.36% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.