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Longer Days Ahead & a Look at the Billings Housing Market

Hello friends,

It won’t be long now before we’re setting our clocks ahead (less than a month - March 8th) and soaking up those longer evenings. You can feel it around town — folks getting outside a little more, enjoying the mild stretches of weather when we get them, and appreciating every bit of sunshine this time of year. At the same time, we’re all hoping for some good moisture as we head toward spring — something our land and community can always use.

In this issue, we’re taking a closer look at real estate in Billings. You’ll find a snapshot of the local housing market, including recent listings, price ranges, and what we’re seeing right now across the area. Whether you’re buying, selling, or just curious about how the market is moving, this update is meant to give you a clear, local perspective.

Thanks for being here and staying connected to what’s happening in our Billings community.

🎶 Tina: The Tina Turner Musical

📍 Alberta Bair Theater, 2801 3rd Ave N
🎟️ Admission: Ticketed event — musical featuring hits of Tina Turner in a professional theater setting.
📄 Details: A touring Broadway-style musical showing for two nights in Billings, celebrating the life and music of the legendary performer.

🏡 MATE Show — Home & Health Expo

📅 Date: Thu–Sat, Feb 12–14
🕒 Time: Various daytime hours
📍 MetraPark Events Complex
🎟️ Admission: Likely general admission (check local listings)
📄 Details: A multi-day expo focused on home improvement, health services, products, and resources — great for homeowners and anyone interested in home or wellness ideas.

🏡 Billings Housing Market at a Glance

• Median Home Price: Around $370,000–$390,000 for typical homes currently on the market, depending on neighborhood and source.

• Zillow Home Value Index: Average home value ~$386,000, up about 1% year‑over‑year.

• Median Sale Price (Recent Data): ~$369,450 reported with slight year‑over‑year declines in some measures.

• Market Trend: There are mixed signals — some sources show modest price increases over the past year, others show slight downward movement in median sale price.

📊 Supply & Demand Indicators

• Inventory Levels: Billings typically has 600–1,400+ active listings depending on data source and time frame.

• Days on Market: Homes tend to sell in roughly 30–80+ days, depending on report and season.

• Median Sale‑to‑List Ratios: Many homes go close to asking price (~98–99% of list)

🧭 Market Conditions & Trends

• Competitiveness: Billings is generally considered not highly competitive — multiple offers are less common and buyers may not face bidding wars.

• Long‑Term Values: Home values in the Billings area have historically appreciated over the long term, even if short‑term price movement varies.

• Outlook: Some forecasts suggest continued modest appreciation in 2026, though local dynamics and broader economic conditions could drive fluctuations

📍 What This Means for Buyers & Sellers

• Buyers may find stable supply and fewer bidding wars compared to hotter markets, but should still expect prices in the mid‑to‑upper $300,000s for many homes.

• Sellers pricing competitively tend to see faster activity, but not every market segment is moving quickly.

• Affordability is a key local theme — Billings remains more affordable than many larger U.S. markets, though affordability pressures persist due to mortgage rates and price levels.

🏠 Featured Listings in Billings

1. 3839 Killdeer Ln, Billings, MT 59102
💰 Price: ~$1,290,000+ — Spacious 4 bd / 3 ba estate‑style home with lots of square footage and premium features.

2. 851 Tierra Dr, Billings, MT 59105
💰 Price: ~$95,000 — Smaller home (~1,216 sq ft) suitable for starter buyers or investment property.

3. 7042 Copper Bnd, Billings, MT 59106
💰 Price: ~$399,990 — New construction or recently listed family home with modern amenities.

4. 1320 Mading Dr, Billings, MT 59105
💰 Price: ~$345,000 — 3 bd / 2 ba single‑family home — a good mid‑range market option.

5. 1747 Tiburon Ln, Billings, MT 59102
💰 Price: ~$430,000 — Larger 4 bd / 3 ba home in desirable neighborhood.

6. 5431 Dovetail Avenue, Billings, MT 59106
💰 Price: ~$950,000 — High‑end luxury residence (~3,399 sq ft) with premium finishes.

7. 1034 Yale, Billings, MT 59102
💰 Price: ~$359,900 — 4 bd / 2 ba home — solid value for a family property.

8. 1444 West Lane, Billings, MT 59101
💰 Price: ~$175,000 — Smaller 2 bd / 1 ba home — good for first‑time buyers or investors.

9. 712 Oakmont Drive #4, Billings, MT 59105
💰 Price: ~$239,900 — 2 bd / 2 ba condo/townhouse option.

10. 4650 Sunburst Lane, Billings, MT 59106
💰 Price: ~$625,000 — Larger home with 4 bd and desirable neighborhood features.

📊 What the Listing Prices Show

• Entry‑Level Options: ~$90K–$250K (smaller homes, condos).

• Mid‑Range Family Homes: ~$300K–$450K (most typical two‑to‑four bedroom houses).

• Upscale/Luxury Properties: ~$600K–$1.3M+ (larger estates and premium neighborhoods).

📍 Market Context

• Billings currently has 1200+ homes for sale with a median listing price around ~$311,250–$329,700, depending on the source.

• Inventory spans from lower‑priced starter homes to multi‑million‑dollar luxury properties — offering options for a wide range of buyers.

Sage Tower, an apartment complex in downtown Billings, is facing ongoing challenges as residents and caregivers raise alarms over persistent bed bug and cockroach infestations.

Longtime tenant Robert Case shared that, despite regular extermination efforts, pests remain a constant problem, with cockroaches reportedly getting worse over the past two years.

Billings Food Bank Volunteer Shifts

Date: Feb 10–13 | Time: Various shifts | Location: Billings Food Bank | Admission: Free (volunteer)

Volunteers help with food sorting, packing, and community distributions that directly support local families.

Habitat for Humanity Home Projects

Date: Feb 11–14 | Time: Daytime | Location: Various Billings sites | Admission: Free (volunteer)

Help with home repairs, prep work, and community housing projects. All skill levels welcome.

ZooMontana Winter Volunteer & Work Days

Date: Feb 10–14 | Time: Scheduled shifts | Location: ZooMontana | Admission: Free (volunteer)

Winter volunteers assist with maintenance, grounds projects, and education support at ZooMontana.

Billings residents rallied for the 2025 Yellowstone River Cleanup, hauling away over 87,000 pounds of trash in a powerful fight against pollution.

Surprising discoveries included heaps of Nerf darts amid the litter along the riverbanks.

Volunteers tackled plastic waste and energy drink cans that endanger the waterway's ecosystem.

Brittany Miller, a renowned bronc rider and bucking horse instructor from Billings, has managed to reclaim most of her stolen rodeo gear after her horse trailer went missing earlier this month.

Miller, deeply relieved, is still seeking two missing saddles and remains focused on ensuring those who stole her belongings are brought to justice.

Thanks for Being Part of Our Billings Community

Before you go, we hope you’ll take a moment to get involved where you can — whether that’s lending a hand at a local volunteer opportunity, supporting a downtown event, or simply checking in on a neighbor. These small connections are what keep Billings strong.

We’ll continue to keep an eye on the housing market, local happenings, and the things that matter most to our community as we head toward spring. Until then, enjoy the longer days ahead, make the most of the good weather when it shows up, and let’s all keep hoping for that much-needed moisture.

Thanks for reading, and we’ll see you around town.

Anchovies