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Downtown East Central Highland Hotel and Depot District Lockwood Minnesota Avenue Montana Avenue North Side South Central South Side

BILLINGS, MT 59101

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

Neighborhoods in ZIP 59101

Downtown · East Central · Highland · Hotel and Depot District · Lockwood · Minnesota Avenue · Montana Avenue · North Side · South Central · South Side

Market Analysis

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

The BILLINGS, MT real estate market (59101) currently shows 179 active listings, with 39 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 60 days last year.

The median listing price has risen 2.3% year-over-year, from $394,478 to $403,675.

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Market Context

Market Context

Population: 40,848  ·  Density: 26.7/mi²  ·  Median household income: $56,659

Typical home value: $221,309  ·  Homeownership: 57.9%

Market Overview

Active Listings
179
⇩ 9.1% vs 197 last year
Pending
39
22% pending ratio
Median Price
$403,675
⇧ 2.3% vs $394,478 last year
Average Price
$487,798
⇧ 7.1% vs $455,543 last year
Days on Market
51
⇩ 15% vs 60 days last year

Price Per Square Foot

Median $/sqft
$222
⇧ 12.7% vs $197/sqft last year
Median Home Size
1,846 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 179 this year vs 197 last year
  • Days on market: 51 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $403,675 (+2.3% YoY)
  • Average: $487,798 (+7.1% 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 50.7 miles — 259 listings ($131,729,411 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59101Billings, MT 591010.0 mi171$74,774,709$363,430$437,279
59037Huntley, MT 5903717.1 mi8$5,628,344$745,175$703,543
59044Laurel, MT 5904418.6 mi33$20,593,584$467,500$624,048
59026Edgar, MT 5902623.4 mi4$4,427,900$1,187,450$1,106,975
59029Fromberg, MT 5902926.3 mi6$3,864,900$716,225$644,150
59063Park City, MT 5906329.3 mi2$1,414,000$707,000$707,000
59075Saint Xavier, MT 5907529.4 mi1$1,246,943$1,246,943$1,246,943
59041Joliet, MT 5904130.5 mi6$6,259,068$399,888$1,043,178
59057Molt, MT 5905732.3 mi4$3,286,400$825,000$821,600
59088Worden, MT 5908838.1 mi7$1,081,983$105,000$154,569
59019Columbus, MT 5901942.4 mi14$7,948,080$397,000$567,720
82420Cowley, WY 8242049.1 mi2$613,500$306,750$306,750
59007Bearcreek, MT 5900750.7 mi1$590,000$590,000$590,000

Frequently Asked Questions

How many homes are for sale in BILLINGS, MT 59101?

As of September 2026, there are 179 active listings in BILLINGS, MT (zip code 59101), compared to 197 the prior year.

What is the median home price in BILLINGS, MT 59101?

The median listing price in BILLINGS, MT 59101 is $403,675 as of September 2026, a 2.3% increase from $394,478 the prior year.

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

Homes in BILLINGS, MT 59101 spend an average of 51 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in BILLINGS, MT 59101?

Based on current inventory and days-on-market data as of September 2026, BILLINGS, MT 59101 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 60 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BILLINGS, MT 59101 save an estimated $8,074 compared to a typical 5% commission on the median listing price of $403,675. 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.