I wanted to give you a quick check-in on what’s happening in the real estate world around Billings — and the news continues to be encouraging! Whether you're thinking about buying your first home, making a move, or considering selling, the current market has a LOT to offer.

Home Values Are Still on the Rise

The average home value in Billings is sitting at $393,502, marking a 2.1% increase over the past year. That’s a steady, healthy rate — exactly what we like to see. It shows that our local market is holding strong, with consistent growth that makes Billings a smart, stable place to invest in real estate.

Homes Are Selling at a Healthy Pace

On average, homes in the Billings area are going under contract in about 43 days. That’s a really comfortable rhythm — not the ultra-fast pace of the past few years, but still a good sign that well-priced, well-presented homes are getting attention. Buyers are active and motivated, but they’ve also got a bit more time to make thoughtful decisions.

Inventory Is Up — and That’s Good News for Buyers

We’re seeing more homes on the market this June compared to previous years, giving buyers something we haven’t had in a while: OPTIONS! If you’re shopping for a home, this is a great time to find the right fit without feeling rushed. There are more styles, price points, and neighborhoods to choose from — and that breathing room can make all the difference.

Sellers Are Still in a Strong Spot

While buyers have more to pick from, it’s still a solid market for sellers. Well-prepared homes that hit the market at the right price are still moving — and moving WELL. With values staying strong, many sellers are seeing great returns. If you’ve been on the fence, this could be your moment to make a smart move.

What’s Next?

Looking ahead to late summer, experts are forecasting a modest bump in values — about 1% to 1.3% growth by September. That’s more good news for both sides of the table: stability for sellers, and predictability for buyers.

In short: the Billings market is BALANCED, HEALTHY, and full of possibility. Whether you're buying, selling, or just keeping an eye on the market, there’s a lot to feel good about right now.

Thinking about making a move? I’d love to help you navigate it! Reach out anytime — even if you’re just curious.