The housing market in Billings, MT is thriving. The median value of a house in Billings is $369,900, which is higher than the US median house value of $338,100. Additionally, the appreciation rate for homes in Billings is 14.04%, significantly higher than the US average of 8.27%. This indicates that real estate investments in Billings are particularly promising and can be considered a great opportunity for those looking to invest.
The median home cost in Billings is $369,900. Home appreciation the last 10 years has been 88.5%. Home Appreciation in Billings is up 19.7%.
Average Age of Homes
- The median age of Billings real estate is 41 years old
The Rental Market in Billings
- Renters make up 35.0% of the Billings population
- 1.9% of houses and apartments in Billings, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.