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MT area data

Billings, MT

Aggregated across 3 ZIP codes in Billings.

Population: 111,644 (Census ACS)

The median home value in Billings, MT is $424,146 — up 1.7% over the past year. Homes sell for a median $354,967 after a median 80 days on market. Typical rent runs $1,451/month. 36 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with winterweather, coldwave, lightning the top-rated hazards. Cost of living is 4.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$424,146

Median home value

+1.7%

1-year change

80

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$424,146
1-year appreciation
+1.7%
3-year appreciation
+4.6%
5-year appreciation
+26.6%
10-year appreciation
+62.9%
All-time peak (2026-07)
$426,537
House Price Index (state)
724.8 (-1.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$354,967
Median list price
$359,667
Median price per sqft
$218
1-year sale-price change
+0.4%
Median days on market
80 days
Homes sold (recent period)
58
For-sale inventory
531
Active listings
85
1-year forecast
+1.8%
Days to pending
40 days
New listings (monthly)
190

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,451/mo
1-year rent change
+2.5%
Studio fair-market rent
$992/mo
1BR fair-market rent
$1,239/mo
2BR fair-market rent
$1,547/mo
3BR fair-market rent
$2,012/mo
4BR fair-market rent
$2,321/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
95.5 (100 = US avg)
Electricity rate (state-level)
13.0¢/kWh
Natural gas rate (state-level)
$9.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
36
Elementary schools
24
Middle schools
9
High schools
3
School districts serving the area
Lockwood K-12, Billings Elem, Billings H S
Schools include
Lockwood Intermediate, Lockwood Primary, Lockwood Middle School, Lockwood High School, McKinley School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
winterWeather, coldWave, lightning, hail, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low
FEMA flood zone (varies by location)
includes X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 86% of US counties
Buildings in wildfire direct-exposure zone
25.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Billings PCE (2.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.8°F
Average high
60.0°F
Average low
37.5°F
Annual precipitation
16.3 in
Annual snowfall
46.4 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
29
Days with Good air quality
306
Days with Moderate air quality
47
Days with Unhealthy air quality
1
Highest AQI recorded (year)
191

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
8.6 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
22,889
Jobs reachable by transit (45 min)
18,063

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
5
Nearest national park
Bighorn Canyon National Recreation Area (35 mi)
National parks include
Bighorn Canyon National Recreation Area, Little Bighorn Battlefield National Monument
Airports within 30 mi
42
Nearest airport
Wilcox Airport (2 mi)
Nearest major airport
Billings Logan International Airport (BIL) (3 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
BILLINGS CLINIC
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+754 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,984
Housing built before 1970
31.2%
Housing built 2000 or later
33.3%
Median annual property tax
$3,084
Mean commute to work
16 min
Households with broadband internet
76.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
77,614
Average weekly wage
$1,142
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
830

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

BillingsState medianUS median
Median home value$424,146$425,267$289,727
Median sale price$354,967$499,000$325,000
Median days on market80 days110 days51 days
Typical rent$1,451/mo$1,505/mo$1,808/mo
Median annual property tax$3,084$1,830$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Billings, MT?
$424,146.
What is the median sale price in Billings, MT?
$354,967.
How long do homes take to sell in Billings, MT?
Median days on market: 80 days.
What is typical rent in Billings, MT?
Typical rent: $1,451/month.
What is the natural-hazard risk in Billings, MT?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: winterWeather, coldWave, lightning, hail, inlandFlooding.
Is Billings, MT in a flood zone?
Minimal (FEMA NFIP). Parts of the area include FEMA flood zone X; zones vary by location within the city.
What is the wildfire risk in Billings, MT?
Risk to homes is higher than 86% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Billings, MT?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Billings, MT?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Billings PCE, 2.8 mi.
How many schools serve Billings, MT?
36 schools (24 elementary, 9 middle, 3 high) (NCES, 2022-23).
Is Billings, MT walkable?
Walkability index: 8.6/20 (EPA Smart Location Database).
What is the air quality in Billings, MT?
Good. Median AQI: 29. (EPA AQI).
What is the cost of living in Billings, MT?
Regional Price Parity: 95.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP codes in Billings

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents