Billings, MT metro area Housing Market Brief
metro · MT · as of August 2026
What is Billings, MT metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Billings, MT metro area in its market cycle?
Billings, MT metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Billings, MT metro area?
Our model forecasts Billings, MT metro area’s home prices to decline about 1.2% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Billings, MT metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $414K | ▼ -0.9% |
| Median Days on Market | 49 days | ▼ -5.8% |
| Months of Supply | 5.1 | ▲ +27.5% |
| Homes for Sale | 1,092 | ▲ +2.3% |
| Homes Sold | 222 | ▼ -19.6% |
| Median Price / Sq Ft | $216 | ▲ +10.3% |
How has Billings, MT metro area’s Alpha Score moved?
Markets like Billings, MT metro area
- Olympia, WA metro area, WAmetro38
- Charlotte, NC metro area, NCmetro39
- Spokane, WA metro area, WAmetro40
- Greenville, SC metro area, SCmetro41
- Lewiston, ME metro area, MEmetro38
- North Port, FL metro area, FLmetro37
- Myrtle Beach, SC metro area, SCmetro38
- Savannah, GA metro area, GAmetro41
- Crestview, FL metro area, FLmetro38
- Orlando, FL metro area, FLmetro40
Frequently asked questions
Is Billings, MT metro area a buyer's or seller's market?
As of August 2026, Billings, MT metro area is classified as a Buyer's Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Billings, MT metro area?
The median sale price in Billings, MT metro area is $414K, having fallen 0.9% over the past year.
How affordable is Billings, MT metro area?
Billings, MT metro area scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Billings, MT metro area's Alpha Score?
Billings, MT metro area's strongest dimension is Economic Strength (65/100) and its weakest is Affordability (24/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Billings, MT metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.