Photo: Quintin Soloviev · CC BY 4.01,716 homes sold in Billings in the last year, at a typical $379K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Billings homes are listed.
Every place Billings homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Billings.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Billings’ sales are condos, at $149K less than a house
1334 houses and 78 condos sold in the year to May 2026. Houses sell faster.
typical sale · 1334 sold in 12 months
- Per square foot
- $185MT $283
- Days to sell
- 73
- Sold over asking
- 0%
- Listings with a price cut
- 22%
typical sale · 78 sold in 12 months
- Per square foot
- $186MT $424
- Days to sell
- 78
- Sold over asking
- 0%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 39 sold, typical $492K
Townhouses: 265 sold, typical $347K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
1,716 sales in the last year, against 2,288 in 2020 and a low of 1,572 in 2023. The typical sale went from $224K in 2016 to $379K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Billings
Check a listing against what Billings homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Billings are back to pre-pandemic levels, with about as many homes for sale
We read every month of Billings’ home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,716 sales.
If you’re buying in Billings
- Shop in March. It brings about 185 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- Offer under asking. Buyers paid 97.2% of the list price on average; 0% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 74 days.
Spring brings the homes; fall brings the bidding wars
May has the most new listings (about 220 a month), but November is the most competitive: 0% of November sales close over asking. March and April offer nearly as much choice with fewer homes bid up (0%). January has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Montana as a whole
| Billings now | 2017–19 | 2021 peak | MT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 0% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 1% | 2% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 97.2% | — | 104.5% | 94.9% |
| Days to sellMedian days from listing to contract | 74 | 74 | 53 | 86 |
562 homes for sale on a typical day
That’s 1.5 times the 2022 low (381) and 11% more than in 2017–19.
1 in 5 listings has cut its price
20% in the last year, against — in 2017–19 and 20% across Montana.
Since 2019, houses are up 56%, condos 65%
A house typically sold for $392K in the last year (1334 sales), a condo for $243K (78).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Billings ranks 2nd of 18 busy Montana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Billings is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Billings home costs about $2,243 a month
Price: Billings’ typical sale, last 12 months. Property tax at Billings’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Billings is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 81.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $379K home, about $3,190 a year.
Taxes vs. neighborsSchools
The schools grade for Billings, from test results, graduation and how much students grow.
Schools in BillingsTypical commute
The average one-way trip to work for people who live in Billings.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Billings, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Billings | 1,716 | $379K | $185 | 0% | 74 |
| Laurel | 80 | $319K | $190 | 0% | 71 |
| Lockwood | 47 | $425K | $181 | 0% | 82 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Billings, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Billings. People who follow the town see it, and so do people comparing Billings with their own town. No commission, no listing fee.
Questions about buying a home in Billings
What do homes sell for in Billings, MT?
1,716 homes sold in the year to May 2026 at a typical $379K, $185 a square foot. Houses sold for about $392K, condos for about $243K.
Is Billings a buyer’s or seller’s market?
A seller’s market: 583 homes were for sale in May 2026 and 147 sold, about 4 months of supply. Buyers paid 97.2% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Billings?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Billings?
About 0.8% of a home’s value a year. On a $379K home that’s near $3,190.
Where can I see homes for sale in Billings?
Zillow, Redfin, Realtor.com and Homes.com all carry Billings’ MLS listings; the search links above open each one filtered to Billings.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).