Market Intelligence Report — MT-740

Billings, MT

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MT-05
Updated: May 2026
Median Listing
$495K
-0.8% YOY
Pending Ratio
0.51
+4.4% YOY
Active Inventory
711
-3.3% YOY
Median DOM
45 Days
+12.5% YOY

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Market Signals & Indicators

Supply Dynamics

711 active listings represent the current floor, with new supply arriving at roughly 320 per month.

Pricing Pressure
16.6%

of active listings carry a price reduction, -1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.7% year-over-year.

Absorption
0.51

Pending-to-active ratio — supply and demand dynamics are mixed.

Metro Demographics

Metro Area
Billings, MT
CBSA Code
13740
State
MT

Vetted Local Practitioners

Analysis FAQ
  • What is the current market condition in Billings?+

    As of May 2026, the Billings metro is classified as Stabilizing. Pending ratio is 0.51 with median days on market at 45.

  • Are home prices dropping in Billings?+

    Median listing price is $495K, -0.8% year over year. 16.6% of active listings carry a price reduction.

  • How fast are homes selling in Billings?+

    The typical listing sits 45 days on market, a +12.5% change YoY. New listings are arriving at 320 per month.

  • Where can I find a trusted Billings real estate expert?+

    Primpted maintains a vetted registry of Billings agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

Vintage: May 2026 · CBSA 13740 · 2mo history