Billings, MT 59108 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
Demographics
Economy
Billings, MT — 59108
Median Listing Price
--
Population
--
Households
74,239
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Pricing
Median Listing Price
--
-- YoY
Average Listing Price
--
-- YoY
Price per Sq Ft
--
-- YoY
Median Sq Ft
--
-- YoY
Inventory
Active Listings
--
-- YoY
New Listings
--
-- YoY
Total Listings
--
-- YoY
Buyer Competition
Pending Listings
--
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
--
-- YoY
Price Reduced
--
-- YoY
Units & Occupancy
2024 Occupancy
74K
units
Occupied
69,897
94.2%
Vacant
4,342
5.8%
2024 Tenure
70K
occupied
Owner
48,659
69.6%
Renter
21,238
30.4%
Renter Share
30.4%
-1.0% YoY
Total Housing Units
74,239
+1.2% YoY
FY2026 Fair Market Rent — Yellowstone County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,016
/month
1 BR
$1,109
/month
2 BR
$1,417
/month
3 BR
$1,951
/month
4 BR
$2,216
/month
FMR Trends — Yellowstone County
Source: HUD Fair Market Rents
Demographics
Median Age
39.0
2024
Population
Yellowstone County Population
171,583
+0.5% YoY
Households
Total Households
69,897
+0.9% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.37
0.0% YoY
Age
2024 Age Mix
169K
residents
Under 18
38,803
23.0%
Adults 18–64
99,262
58.7%
65 & Over
30,892
18.3%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
38,803
-0.1% YoY
Population 65 & Over
30,892
+3.5% YoY
Median Age
39.00
+0.8% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
85.7%
Moved (within US)
14.1%
Other
0.2%
Veterans
9.3%
-1.1% YoY
Economy
Income
Median Household Income
$77K
+2.9% YoY
Per-Capita Income
$44K
+2.3% YoY
Mean Household Income
$105K
+2.5% YoY
Poverty
Below Poverty Level
9.2%
-9.8% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
77.9%
Public transit
0.9%
Worked from home
8.0%
Other
13.2%
Worked From Home
8.9%
+11.3% YoY
Mean Commute
18.60
0.0% YoY
dynamic.RE