The housing market in Billings, MT (59105) is on an impressive upswing. The median value of homes in the area is $354,900—which is almost 6% higher than the US median home price of $338,100. In the last year alone, housing prices have appreciated by 14.04%, which is significantly higher than the 8.27% national average for home appreciation. This makes Billings a great option for potential homebuyers who are looking to invest in an area with healthier-than-average growth rates and good potential for further appreciation.
The median home cost in Billings (zip 59105) is $354,900. Home appreciation the last 10 years has been 88.5%. Home Appreciation in Billings (zip 59105) is up 19.7%.
Average Age of Homes
- The median age of Billings (zip 59105) real estate is 31 years old
The Rental Market in Billings (zip 59105)
- Renters make up 26.2% of the Billings (zip 59105) population
- 0.7% of houses and apartments in Billings (zip 59105), 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.