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LAUREL, MT 59044

Real Estate Market Report  ·  Yellowstone County
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The LAUREL, MT real estate market (59044) currently shows 46 active listings, with 20 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 37 days on market compared to 38 days last year.

The median listing price has fallen 19.5% year-over-year, from $613,500 to $493,750.

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
46
⇩ 19.3% vs 57 last year
Pending
20
43% pending ratio
Median Price
$493,750
⇩ 19.5% vs $613,500 last year
Average Price
$604,209
⇩ 4.2% vs $630,497 last year
Days on Market
37
⇩ 2.6% vs 38 days last year

Price Per Square Foot

Median $/sqft
$215
⇧ 0.5% vs $214/sqft last year
Median Home Size
2,884 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 57 last year
  • Days on market: 37 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $493,750 (-19.5% YoY)
  • Average: $604,209 (-4.2% 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 June 2026, there are 46 active listings in LAUREL, MT (zip code 59044), compared to 57 the prior year.

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

The median listing price in LAUREL, MT 59044 is $493,750 as of June 2026, a 19.5% decrease from $613,500 the prior year.

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

Homes in LAUREL, MT 59044 spend an average of 37 days on the market before going under contract, compared to 38 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 June 2026, LAUREL, MT 59044 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 37 days on market compared to 38 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 $9,875 compared to a typical 5% commission on the median listing price of $493,750. 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.