The story of this market
The typical home in ZIP 59006 sells for about $410,000, or $201 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 59006 — Ballantine
The housing market in the 59006 area remains stable, characterized by low inventory and moderate price appreciation consistent with the broader Billings metro area. Demand is driven by local buyers seeking rural residential options, while the limited supply keeps the market balanced. Current conditions reflect a steady, non-speculative environment.
This ZIP is best suited for families and individuals seeking a rural lifestyle with proximity to the services and employment opportunities of the Billings metropolitan area.
Median prices moved up 2.6% year over year.
Homes spend a median of 58 days on market with 4.5 months of supply — a balanced-paced market.
16% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 59006, Yellowstone County MT
Not determinable at the ZIP level; regional crime statistics for Yellowstone County generally align with national averages for mid-sized metropolitan areas.
Schools serving the Ballantine area are part of the broader Billings public school system, which maintains a standard range of academic performance and extracurricular offerings.
The area is subject to standard regional risks including wildfire potential in rural interfaces and occasional severe wind events; flood risk is localized to the Yellowstone River corridor.
Economic momentum is driven by the Billings metropolitan hub, which serves as a regional center for healthcare, energy, and agricultural services.
Property taxes are assessed by Yellowstone County based on market value; the effective rate reflects the combination of state-level levies and local school district millage.
Residents typically rely on personal vehicles for a commute into Billings, utilizing I-94 as the primary corridor for access to employment centers.
The area offers rural recreational opportunities including access to the Yellowstone River for fishing and boating, with limited immediate shopping and dining options within a 3-mile radius.
The rental market in this rural ZIP is limited, with low turnover and a reliance on single-family housing stock rather than multi-family developments.
The economy is anchored by the Billings metropolitan area, featuring major employers in healthcare (Billings Clinic, St. Vincent Healthcare) and energy sectors.
Transportation is primarily highway-dependent, with I-94 serving as the main artery connecting the area to the Billings urban core.
Development is largely focused on residential expansion on the outskirts of Billings, with limited new construction activity within the 59006 ZIP code itself.
Yellowstone County utilizes a mass appraisal system to determine property values for tax purposes, with periodic reappraisals mandated by state law.
Parcels are subject to local school district taxes and county-wide levies for public services and emergency management.
Property insurance premiums are influenced by regional wildfire and severe weather risks, with market availability remaining stable.
Montana continues to see net positive domestic migration, driven by individuals relocating from higher-cost coastal states.
Montana is primarily a non-judicial foreclosure state, allowing for a streamlined process under the Small Tract Financing Act.
Sellers are required to provide a property disclosure statement detailing known material defects, though the state maintains a 'caveat emptor' tradition.
Data retrieved from data.census.gov; figures represent ZCTA-level estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Cowboys4.312.3 mi
- Huntley Project Museum4.88.6 mi
- Barkemeyer Park4.712.2 mi
- Huntley Project Museum4.88.6 mi
- Barkemeyer Park4.712.2 mi
- Billings-Logan International Airport4.424.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides regional access for fishing, boating, and outdoor recreation.
Local historical site preserving the agricultural heritage of the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.