Zip 59106 (Billings, MT) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBillings, MontanaUnited States
  8,048.0139,647,020.0
  1642
  $525,000$338,100
  19.7%16.6%
  58.3%57.0%
  88.5%101.1%
  $9.12$10.98
  $3,591$2,690
  73.9%57.4%
  3.1%11.2%
  23.0%31.4%
  Vacant Housing
  0.2%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.1%3.6%
  2.8%4.1%
  Value of Owner-Occupied Housing
  0.8%2.6%
  0.3%2.4%
  0.9%2.8%
  0.5%3.9%
  0.7%4.5%
  1.3%11.3%
  0.8%13.0%
  20.1%20.1%
  26.2%13.6%
  20.7%8.3%
  19.1%9.7%
  7.6%3.9%
  0.6%2.2%
  0.3%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  1.0%0.2%
  25.7%13.6%
  25.7%13.6%
  13.9%13.6%
  11.2%13.2%
  6.1%14.8%
  13.9%13.6%
  1.1%10.0%
  0.3%4.7%
  1.0%12.2%
Commute