Housing in Billings, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$359,450
Median List Price
$399,000
Price Per Sq Ft
$187
Days on Market
93
Active Inventory
489
Months of Supply
5.6
Balanced market
Zillow Home Value
$384,994
ZHVI — January 2026
Zillow Rent Index
$1,404
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
25.0%
Market Activity
Source: RedfinHomes Sold
88
New Listings
121
Pending Sales
148
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Median List $/SF
$196
Billings vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Billings is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$311,800
Median Rent
$1,097
Total Housing Units
53,537
Vacancy Rate
6.0%
Owner Occupied
64.8%
Renter Occupied
35.2%
Median Property Tax
$2,706
per year
Monthly Cost (w/ Mortgage)
$1,270
Housing Types
The current median sale price in Billings, MT is $359,450 according to Redfin data. Homes spend a median of 93 days on the market. 0.0% of homes sold above asking price. The market has 5.6 months of supply. The median price per square foot is $187. Zillow's observed rent index is $1,404/month. About 64.8% of housing units are owner-occupied. The median year homes were built is 1979. There are 53,537 total housing units.