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LAUREL, MT 59044

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

Market Analysis

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

The LAUREL, MT real estate market (59044) currently shows 38 active listings, with 20 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 35 days last year.

The median listing price has risen 6.4% year-over-year, from $522,450 to $556,000.

Whether you are buying or selling in LAUREL, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
38
⇩ 9.5% vs 42 last year
Pending
20
53% pending ratio
Median Price
$556,000
⇧ 6.4% vs $522,450 last year
Average Price
$685,887
⇧ 14.2% vs $600,566 last year
Days on Market
56
⇧ 60% vs 35 days last year

Price Per Square Foot

Median $/sqft
$232
⇧ 12.6% vs $206/sqft last year
Median Home Size
2,748 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 42 last year
  • Days on market: 56 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $556,000 (+6.4% YoY)
  • Average: $685,887 (+14.2% 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 April 2026, there are 38 active listings in LAUREL, MT (zip code 59044), compared to 42 the prior year.

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

The median listing price in LAUREL, MT 59044 is $556,000 as of April 2026, a 6.4% increase from $522,450 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 35 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 April 2026, LAUREL, MT 59044 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 35 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 $11,120 compared to a typical 5% commission on the median listing price of $556,000. 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.