Market Intelligence · MT / Billings

Billings, MT 59106 Housing Market

The typical home value in Billings 59106 is $545,906, up 0.9% over the past year. The median list price sits at $616,850, with homes averaging 59 days on the market as of September 2026.

Updated September 2026Median value$546K

The median home value in Billings, MT 59106 is $546K as of September 2026, up 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 59106 range

$502K to $590K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.9% over 12 months

Sep 2025$541K

Low $541KHigh $546K

Sep 2026$546K

The numbers

What is the 59106 housing market like?

As of September 2026

Typical home value

$546K

0.9%YoY

Median list price

$617K

0.5%MoM

Days on market

13.5%MoM

Homes for sale

189

4.4%MoM

Price cuts

19.9%

18.0%MoM

New listings

5.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

59106 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 59106 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 59106 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 59106?

Zillow's forecast does not call for a drop: it expects typical home values in 59106 to rise 2.3% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 59106 home prices compare?

59106$545,906
Billings$401,388
Montana$420,839
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Billings: 4 ZIPs; Montana: 232 ZIPs; United States: 26,262 ZIPs).

Context

Billings 59106 has 189 homes for sale, with 42 new listings added in September 2026. The market is showing mixed signals: while the typical home value ticked up 0.9% year-over-year, nearly one-fifth of listings have taken a price cut, and the median time to sell remains around two months. The gap between typical value and median list price suggests sellers are pricing above recent sales data. For homeowners considering a sale, this is a moderate market where pricing carefully and timing matter.

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Down payment20% · $109,181

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Common questions

What people ask us.

What is the typical home value in 59106?

The typical home value is $545,906 as of September 2026, representing a 0.9% increase over the past year.

How many homes are currently for sale?

There are 189 homes for sale in Billings 59106 as of September 2026, with 42 new listings that month.

How long do homes take to sell?

The median days on market is 59 as of September 2026.

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Nearby ZIP markets.

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