Is Billings, MT 59101 a buyer’s or seller’s market?
Billings is a seller’s market. With about 3.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score10/ 100
More competitive than 4% of U.S. ZIP codes, and #5 of 6 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
Months of supply3.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$214▲ +4.5% vs. last year
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Nearby markets
Acton 59002Seller’s market $93 /sq ftBallantine 59006Seller’s market $358 /sq ftBillings 59102Seller’s market $175 /sq ftBillings 59105Seller’s market $196 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology