Zip 59101 (Billings, MT) Housing

The housing median value in 59101 Billings, MT is $299,900 which is significantly lower than the US house median value of $338,100. However, this area has seen a greater appreciation rate in the past year with 14.04%, compared to the US 1 year house appreciation rate of 8.27%. This could be an indication that Billings is an up and coming area where housing prices are on the rise and could be a great place to invest for those looking for reasonably priced homes with a potential for growth.

The median home cost in Billings (zip 59101) is $299,900. Home appreciation the last 10 years has been 88.5%. Home Appreciation in Billings (zip 59101) is up 19.7%.

Average Age of Homes

- The median age of Billings (zip 59101) real estate is 51 years old

The Rental Market in Billings (zip 59101)

- Renters make up 40.2% of the Billings (zip 59101) population
- 2.7% of houses and apartments in Billings (zip 59101), 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

Housing	Billings, Montana	United States
	18,144.0	139,647,020.0
	51	42
	$299,900	$338,100
	19.7%	16.6%
	58.3%	57.0%
	88.5%	101.1%
	$9.66	$10.98
	$1,895	$2,690
	53.5%	57.4%
	7.7%	11.2%
	38.8%	31.4%
Vacant Housing
	2.7%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.5%	0.4%
	0.8%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	6.8%	2.6%
	2.9%	2.4%
	1.4%	2.8%
	1.1%	3.9%
	1.8%	4.5%
	12.3%	11.3%
	25.4%	13.0%
	24.6%	20.1%
	13.1%	13.6%
	5.2%	8.3%
	3.5%	9.7%
	0.9%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	9.6%	13.6%
	7.5%	13.2%
	17.7%	14.8%
	9.6%	13.6%
	12.1%	10.0%
	10.8%	4.7%
	19.9%	12.2%

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