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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
Buyer's Market
March 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 March 2026. Source: Realtor.com.

The BILLINGS, MT real estate market (59101) currently shows 168 active listings, with 57 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 54 days last year.

The median listing price has fallen 6.2% year-over-year, from $388,450 to $364,306.

Whether you are buying or selling in BILLINGS, 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: 40,848  ·  Density: 26.7/mi²  ·  Median household income: $56,659

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

Market Overview

Active Listings
168
⇧ 22.6% vs 137 last year
Pending
57
34% pending ratio
Median Price
$364,306
⇩ 6.2% vs $388,450 last year
Average Price
$439,929
⇩ 6.7% vs $471,553 last year
Days on Market
60
⇧ 11.1% vs 54 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 0.9% vs $234/sqft last year
Median Home Size
1,700 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 168 this year vs 137 last year
  • Days on market: 60 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $364,306 (-6.2% YoY)
  • Average: $439,929 (-6.7% 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 March 2026, there are 168 active listings in BILLINGS, MT (zip code 59101), compared to 137 the prior year.

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

The median listing price in BILLINGS, MT 59101 is $364,306 as of March 2026, a 6.2% decrease from $388,450 the prior year.

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

Homes in BILLINGS, MT 59101 spend an average of 60 days on the market before going under contract, compared to 54 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 March 2026, BILLINGS, MT 59101 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 54 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 $7,286 compared to a typical 5% commission on the median listing price of $364,306. 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.