Billings, MT
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Billings market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Billings, MT.
The Billings market is currently cooling, with the pending ratio at 0.30, representing a 7.1% decline over the past year. This indicates a moderating demand environment relative to available inventory, which has expanded by 7.2% year-over-year.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Sep 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Billings market right now.
Active listings have seen a 7.2% expansion over the past year, accompanied by a 4.8% increase in new listings. Concurrently, the median listing price has experienced a modest 1.3% decline year-over-year, alongside a 4.0% month-over-month contraction. The pending ratio, a key measure of demand absorption, stands at 0.30, marking a 7.1% decrease from the prior year, suggesting a slower pace of transactions in the most recent period.
“Local pricing and inventory dynamics across Billings shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.30 and growing inventory, buyers may observe more opportunities for price discovery and extended negotiation timelines. The upward pressure on pricing is limited, and the market generally offers more flexibility for demand absorption to proceed at a measured pace.
The average listing price has declined by 4.1% year-over-year, while the median listing price has seen a more modest 1.3% annual decrease, suggesting some softening at higher price points. However, the median $/sqft has increased by 3.1% over the same period, indicating a mixed signal within the luxury segment dynamics.
896 active listings represent the current floor, with new supply arriving at roughly 264 per month.
of active listings carry a price reduction, +0.4% from prior period.
Median price per square foot has moved +3.1% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Billings, MT? Buyer Demand Index is running at 30%.
Buyers have leverage in Billings, MT. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 30%
- Median Days on Market
- 59 days
- Inventory YoY
- +7%
In a buyer's market, strategy beats timing. See how your home scores in Billings, MT and what moves the number.
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Metro Demographics
ZIPs in Billings, MT
59106
billings
$617K
189 active · 59 DOM
59102
billings
$379K
166 active · 44 DOM
59101
billings
$404K
141 active · 51 DOM
59105
billings
$427K
125 active · 55 DOM
59068
red lodge
$664K
90 active · 130 DOM
59047
livingston
$696K
84 active · 80 DOM
59044
laurel
$391K
41 active · 56 DOM
59072
roundup
$355K
32 active · 112 DOM
59011
big timber
$419K
27 active · 107 DOM
59034
hardin
$265K
22 active · 85 DOM
59019
columbus
$729K
19 active · 42 DOM
59079
shepherd
$495K
13 active · 95 DOM
59041
joliet
$600K
13 active · 85 DOM
59014
bridger
$398K
12 active · 68 DOM
59070
roberts
$868K
12 active · 118 DOM
59086
wilsall
$1.48M
10 active · 101 DOM
59030
gardiner
$1.22M
9 active · 99 DOM
59063
park city
$734K
9 active · 55 DOM
Sorted by active inventory · click a ZIP for its full report
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