Billings, MT Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$369K

Median Sale Price

77

Days on Market

3.6

Months of Supply

+2.1%

YoY Change

Balanced Market

Market Type

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Best Time to Buy by Property Type in Billings

Billings is a Balanced Market

Market conditions in Billings favor neither buyers nor sellers significantly.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $369K
Median List Price $362K
Price per Sq Ft $177
YoY Price Change +2.1%

Sales Activity

Homes Sold (Monthly) 130
New Listings 95
Pending Sales 106
Sale-to-List Ratio 96.3%

Inventory & Timing

Active Inventory 474
Months of Supply 3.6
Days on Market 77 days
0

Best Time to Buy in Billings

Best Month to Buy

Feb

Typically lowest prices

Most Expensive Month

Jul

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Billings

Current DOM

77

days

Average DOM

69

days

Fastest

45

days

Slowest

112

days

Homes are currently selling at a normal pace in Billings.

View detailed selling time analysis →

Billings, MT Real Estate Market Analysis

The Billings housing market is currently characterized as a balanced market. With a median sale price of $369K and homes spending an average of 77 days on the market, conditions are relatively balanced between buyers and sellers.

Billings Median Home Price in 2026

The median home price in Billings, MT is currently $369K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Billings Days on Market in 2026

Homes in Billings are averaging 77 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Billings a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Billings guide. Sellers should also review our how long homes take to sell in Billings analysis.

What to Expect When Buying in Billings

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Billings?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Billings

Homes in Billings are selling at 96.3% of their list price on average. The typical time to sell is 77 days from listing to closing. Check current real estate commission rates in Montana to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Billings page and our how long it takes to sell in Billings report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Billings market block by block.

Billings, MT Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Billings real estate market heading into 2026.

Price Forecast

With modest 2.1% growth, Billings home prices are expected to remain stable with slight upward movement through 2026.

Inventory Outlook

With 3.6 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

With 77 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: The Billings market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Billings real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Billings Real Estate

Is Billings, MT a good place to buy a house in 2026?

Billings, Montana has a active with steady buyer interest real estate market in 2026. The median home price is $369K. Homes typically sell in 77 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Billings, MT?

The median home price in Billings, Montana is $369K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

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

Houses in Billings, Montana typically sell in 77 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Billings, MT?

Real estate agent commissions in Billings, Montana typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Billings, MT good for first-time home buyers?

Billings, Montana offers opportunities for first-time buyers, with relatively affordable entry points compared to other major metros. Montana offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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