Billings Housing Market Report February 2025•Yellowstone County, Montana

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Housing Prices in Billings, MT

How much do homes in Billings, MT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$350,000$181/SqFt
-$40,000
-10.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Billings has decreased by 10.3% since last year.

Summary: The median home list price in Billings was $350,000 in February 2025, down 10.3% from the previous year, and the median price per square foot was $181.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Northwest Yellowstone
+21.0%
Billings
-10.3%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$150K$535K
+256.7%
2$297.5K$202.5K
-31.9%
3$362.5K$330K
-9.0%
4$419.9K$390K
-7.1%
5$489K$510K
+4.3%

Summary: Billings housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +256.7%. The home price for 2 bedroom homes decreased by -31.9%. The home price for 3 bedroom homes decreased by -9.0%. The home price for 4 bedroom homes decreased by -7.1%. The home price for 5 bedroom homes increased by +4.3%.

How does Billings, MT compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Billings, MT

Housing supply in Billings, MT

How many homes are available in Billings, MT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
24Last MonthFeb 2025
182 months agoJan 2025
+33.3 %
Change MoMJan – Feb

Summary: The Billings real estate market had 24 homes for sale in Feb 2025, a 33.3 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
244
0.0%
358
+60.0%
456
+20.0%
535
+66.7%

Summary: Billings housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +60.0%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +66.7%.

Days on Market for Billings, MT

How long does it take to sell a home in Billings, MT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
104 DaysThis YearFeb 2025
147 Days1 year agoFeb 2024
-28.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Billings had an average listing age of 104 days in Feb 2025, down by 28.9% compared to the previous year.

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Newest Listings in Billings, MT

What homes are available in Billings, MT?

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Nearby markets

Nearby markets aren't available for Billings, MT

Popular Cities with Homes for Sale in Montana

MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, and Big Sky Country MLS for the period 03/01/2023 - 03/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.