The housing market in 59106 Billings, MT is considerably higher than the median US value of $338,100. The median value of homes in this area is $525,000 which shows strong appreciation potential as compared to other areas. In the past year, the US house appreciation rate was 8.27%, whereas the housing median value in 59106 Billings, MT appreciated by 14.04%, indicating that it is a desirable area with growing potential for investors and homeowners alike.
The median home cost in Billings (zip 59106) is $525,000. Home appreciation the last 10 years has been 88.5%. Home Appreciation in Billings (zip 59106) is up 19.7%.
Average Age of Homes
- The median age of Billings (zip 59106) real estate is 18 years old
The Rental Market in Billings (zip 59106)
- Renters make up 12.9% of the Billings (zip 59106) population
- 0.2% of houses and apartments in Billings (zip 59106), 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.