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The median home value in Billings, MT is $406,266 as of 2026-07-31, up 2.39% from a year earlier.
Median Home Value
$406,266
Year-over-Year
+2.39%
Population
122,105
Billings ranks #11 of 16 Montana cities tracked here by median home value, and sits 24.6% below the state's city median of $538,542. It sits in Yellowstone County, where the county-wide median is $407,038.
Median household income in Billings is $73,712, so the typical home value is about 5.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Billings police recorded a violent crime rate of 746 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 3,083 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Billings, that value is $406,266. That's up 2.39% from a year earlier. It is about 24.6% below the typical Montana city tracked here.
Homes in Billings are cheaper than Yellowstone County as a whole, where the median is $407,038 — a difference of about 0.2%.
Median household income here is $73,712, so the typical home value is about 5.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Billings police reported 746 violent crimes per 100,000 residents, covering a population of about 122,105. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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