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MT area data

Billings, MT

Aggregated across 3 ZIP codes in Billings.

Population: 111,644 (Census ACS)

The typical home value in Billings, MT is $419,493 — up 1.9% over the past year. Homes sell for a median $434,633 after a median 63 days on market. Typical rent runs $1,457/month. 39 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with winter weather, cold wave, lightning the top-rated hazards. Cost of living is 5.4% below the US average (BEA, metro/state-level).

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

$419,493

Typical home value

+1.9%

1-year change

63

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$419,493
1-year appreciation
+1.9%
3-year appreciation
+4.1%
5-year appreciation
+25.3%
10-year appreciation
+63.9%
Peak value since 2000 (Aug 2026)
$421,649
House Price Index (state)
753.3 (+2.6% YoY)

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

Market activity

Median sale price
$434,633
Median list price
$443,267
Median price per sqft
$212
1-year sale-price change
+1.9%
Median days on market
63 days
Homes sold (recent period)
481
For-sale inventory
549
Sale-to-list ratio
62.0%
Active listings
609
1-year forecast
+1.5%
Days to pending
44 days
New listings (monthly)
181

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

Rents

Typical rent
$1,457/mo
1-year rent change
+2.8%
Studio fair-market rent
$1,003/mo
1BR fair-market rent
$1,132/mo
2BR fair-market rent
$1,432/mo
3BR fair-market rent
$1,983/mo
4BR fair-market rent
$2,261/mo

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

Affordability

Cost of living index (Below Average)
94.6 (100 = US avg)
Electricity rate (state-level)
13.0¢/kWh
Natural gas rate (state-level)
$9.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

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

Schools

Total schools
39
Elementary schools
23
Middle schools
10
High schools
6
Avg student-teacher ratio
15.8 : 1
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, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
winter weather, cold wave, lightning, hail, inland flooding
Notable hazard ratings (county)
winter weather: Very High · cold wave: Relatively High · lightning: Relatively High · hail: Relatively Moderate · wildfire: Relatively Moderate · strong wind: Relatively Moderate
Most common flood zone among NFIP claims (varies by location)
Zone X
NFIP flood claims on record
147
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)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

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

Climate (30-year normals)

Average annual temperature
47.8°F
Average high
60.5°F
Average low
35.5°F
Annual precipitation
15.2 in
Annual snowfall
40.2 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)
38
Days with Good air quality
315
Days with Moderate air quality
50
Highest AQI recorded (year)
91

Source: EPA annual air quality index (county-level)

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
2
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
15
Nearest airport
Wilcox Airport (2 mi)
Nearest major airport
Billings Logan International Airport (BIL) (3 mi)
Hospitals in or near a typical ZIP here
2
Hospitals include
BILLINGS CLINIC HOSPITAL, INTERMOUNTAIN HEALTH ST VINCENT REGIONAL HOSPITAL, STILLWATER 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 (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+754 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1984
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
78,381
Average weekly wage
$1,241
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
997

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

How it compares

BillingsState medianUS median
Typical home value$419,493$426,961$288,527
Median sale price$434,633$499,000$325,000
Median days on market63 days110 days51 days
Typical rent$1,457/mo$1,569/mo$1,809/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 typical home value in Billings, MT?
$419,493.
What is the median sale price in Billings, MT?
$434,633.
How long do homes take to sell in Billings, MT?
Median days on market: 63 days.
What is typical rent in Billings, MT?
Typical rent: $1,457/month.
What is the natural-hazard risk in Billings, MT?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: winter weather, cold wave, lightning, hail, inland flooding.
Is Billings, MT in a flood zone?
Flood zones vary by property across the city. 147 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
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?
39 schools (23 elementary, 10 middle, 6 high) (NCES, 2024-25).
Is Billings, MT walkable?
Walkability index: 8.6/20 (EPA Smart Location Database).
What is the air quality in Billings, MT?
Good. Median AQI: 38. (EPA AQI).
What is the cost of living in Billings, MT?
Regional Price Parity: 94.6 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP codes in Billings

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Data last updated

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

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