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LAUREL, MT 59044

Real Estate Market Report  ·  Yellowstone County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LAUREL, MT real estate market (59044) currently shows 52 active listings, with 12 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 52 days last year.

The median listing price has fallen 13.1% year-over-year, from $449,450 to $390,700.

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Market Context

Market Context

Population: 12,851  ·  Density: 28.3/mi²  ·  Median household income: $83,687

Typical home value: $300,809  ·  Homeownership: 74.4%

Market Overview

Active Listings
52
⇩ 1.9% vs 53 last year
Pending
12
23% pending ratio
Median Price
$390,700
⇩ 13.1% vs $449,450 last year
Average Price
$468,351
⇩ 16.6% vs $561,403 last year
Days on Market
56
⇧ 7.7% vs 52 days last year

Price Per Square Foot

Median $/sqft
$207
⇧ 1.5% vs $204/sqft last year
Median Home Size
2,038 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 52 this year vs 53 last year
  • Days on market: 56 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $390,700 (-13.1% YoY)
  • Average: $468,351 (-16.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 47.6 miles — 420 listings ($298,122,517 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59044Laurel, MT 590440.0 mi33$20,593,584$467,500$624,048
59106Billings, MT 5910611.6 mi154$153,936,860$644,919$999,590
59026Edgar, MT 5902612.5 mi4$4,427,900$1,187,450$1,106,975
59029Fromberg, MT 5902916.4 mi6$3,864,900$716,225$644,150
59101Billings, MT 5910118.6 mi171$74,774,709$363,430$437,279
59019Columbus, MT 5901923.8 mi14$7,948,080$397,000$567,720
59070Roberts, MT 5907028.4 mi5$5,982,250$1,030,444$1,196,450
59015Broadview, MT 5901530.8 mi1$339,000$339,000$339,000
59079Shepherd, MT 5907934.2 mi21$14,253,624$539,725$678,744
59001Absarokee, MT 5900139.1 mi3$3,698,001$1,299,000$1,232,667
59069Reed Point, MT 5906940.4 mi4$4,110,668$787,000$1,027,667
59064Pompeys Pillar, MT 5906445.3 mi1$699,900$699,900$699,900
59071Roscoe, MT 5907147.6 mi3$3,493,041$1,237,472$1,164,347

Frequently Asked Questions

How many homes are for sale in LAUREL, MT 59044?

As of September 2026, there are 52 active listings in LAUREL, MT (zip code 59044), compared to 53 the prior year.

What is the median home price in LAUREL, MT 59044?

The median listing price in LAUREL, MT 59044 is $390,700 as of September 2026, a 13.1% decrease from $449,450 the prior year.

How long do homes stay on the market in LAUREL, MT?

Homes in LAUREL, MT 59044 spend an average of 56 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in LAUREL, MT 59044?

Based on current inventory and days-on-market data as of September 2026, LAUREL, MT 59044 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 52 days last year.

How much can I save on real estate commission in LAUREL, MT?

With SELL123.com's maximum 3% commission, sellers in LAUREL, MT 59044 save an estimated $7,814 compared to a typical 5% commission on the median listing price of $390,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.