I wanted to share a quick update on how the real estate market is looking around Billings — and the news is GOOD! Whether you're thinking about buying your first place, upgrading, downsizing, or selling, there are a lot of positives happening right now.

Home Values Are Holding Strong

The average home value in Billings is around $389,707, up about 2.3% over the past year. That’s a steady, healthy climb — not too fast, not too slow. It shows that Billings continues to be a STRONG and STABLE place to invest in a home.

Things Are Moving at a Comfortable Pace

Right now, homes are going under contract in about 41 days, which is actually a really nice pace. It’s not a mad dash like we've seen in past years, but good homes are still getting scooped up quickly if they're priced right and presented well. If you're selling, you can feel confident buyers are out there. If you're buying, you get a little more breathing room to make the right choice.

More Options for Buyers

We’re seeing a bit more inventory compared to the past few years, which means MORE CHOICES for buyers! It's a great time to be shopping because you can take a little extra time to find something that truly fits what you want without feeling rushed.

Sellers, It’s Still Your Market Too

If you’re thinking about selling, you’re still in a really strong position. Buyers are serious, and homes that are priced well and look great are STILL MOVING. Plus, with prices staying strong, you’re in a good spot to get great value for your home.

Looking Ahead

Experts are predicting another small bump in home values — about 1.2% growth by September. So whether you're buying or selling, the outlook is POSITIVE and STABLE. Billings continues to be a wonderful place to call home.