Billings, MT Foreclosures
Current Market Conditions in in Billings, MT As of April 2026?
In the past month, Billings has experienced a slight uptick in housing prices, with an increase in buyer activity as potential homeowners hurry to secure homes before winter sets in. Properties that are well-maintained and in desirable neighborhoods have been particularly sought after. Furthermore, the rental market remains strong, as many individuals and families look for temporary housing while navigating the competitive buying process. The limited inventory continues to create urgency among buyers, indicating a sustained demand in the market.
How much do homes sell for in Billings, MT?
The average home price is currently $423,608.
In Billings, MT, how many homes are available?
There are currently 52 active home listings available in Billings.
What’s the average rental cost in Billings, MT?
The average rental price in Billings is $1,537.
What is the most expensive home in Billings?
The most expensive home sold in Billings had a price of $23,527,970.
What is currently the cheapest priced home in Billings, MT?
The cheapest home for sale in Billings is priced at $14,545.
Living in Billings, MT
Billings, Montana, is a thriving city known for its rich history and stunning natural surroundings. Residents enjoy a welcoming atmosphere with diverse amenities, excellent schools, and a strong sense of community. Outdoor enthusiasts will find plenty to explore, making Billings an ideal place to live and work.
Buyer vs Seller Market in Billings, MT
The Billings real estate market has shown resilience and growth due to an influx of new residents and limited housing inventory. Home prices have been steadily increasing, driven by demand from out-of-state buyers seeking a slower pace of life and those attracted to Montana's outdoor recreational opportunities. The market remains competitive, with properties often receiving multiple offers and selling quickly.
Investors have taken notice of Billings' growing economy, bolstered by its strategic location as a regional trade and healthcare hub. The presence of diverse industries, including healthcare, retail, manufacturing, and agriculture, contributes to a stable job market, making Billings an appealing prospect for real estate investments.
Home Value Estimator For Billings, MT
There are currently 54,730 real estate properties
in Billings, MT,
with a median automated valuation model (AVM) price
of $356,987.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Billings, MT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Billings, MT,
is $423,608.00, with the most expensive house
in Billings, MT, topping out
at $23,527,970.00 and the cheapest home
in Billings, MT,
clocking in at $14,545.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Billings, MT!
Rent Prices
In Billings, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Billings, MT, is on
a rollercoaster ride. The
average rent price in Billings, MT,
is $1,537.00. Indeed, when looking to rent in
Billings, MT, you can expect to pay as little
as $440.00 or as much
as $3,270.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Billings, MT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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