The story of this market
The typical home in ZIP 59104 sells for about $389,000, or $189 per square foot.
Prices are up +3% from a year ago, so sellers still have some momentum. Homes take about 106 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 59104 — Billings
The Billings housing market remains stable with moderate price growth and a competitive environment for buyers. While inventory levels are modest, the market is supported by steady demand and a strong regional economy, keeping the outlook cautiously optimistic.
This ZIP code is well-suited for families and professionals seeking suburban living with convenient access to Billings' major employment and retail hubs. It offers a balance of residential space and proximity to essential services.
Median prices moved up 3.0% year over year.
Homes spend a median of 106 days on market with 4.0 months of supply — a balanced-paced market.
32% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.8% — 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 6.8%/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 59104, Yellowstone County MT
Crime rates in Billings are generally higher than the Montana state average, with property crime being the most frequently reported issue. Local law enforcement continues to focus on community-based policing to address these regional trends.
The area is served by the Billings Public Schools district, which offers a wide range of educational options including specialized magnet programs. Schools in the 59104 ZIP code generally maintain average performance ratings compared to state benchmarks.
The region faces moderate risks from severe weather, including high winds and occasional hail, while wildfire risk is a consideration for properties on the urban-wildland interface. Flood risk is primarily concentrated along the Yellowstone River corridor.
Billings serves as the primary economic hub for the region, with major employment sectors including healthcare, energy, and retail. Infrastructure development is focused on expanding transit corridors to support steady population growth.
Property taxes in Yellowstone County are determined by the state-mandated assessment process, with mill levies set by local taxing jurisdictions including the city, county, and school districts. Montana does not have a general sales tax, which shifts the primary tax burden to property owners.
Residents in 59104 typically rely on personal vehicles for commuting, with most employment centers in downtown Billings accessible within a 15-20 minute drive. Public transit options are limited, primarily serving the central city core.
The area features proximity to several community parks and trail systems, including the extensive Billings trail network. Shopping and dining amenities are concentrated along the major commercial corridors within a short drive.
The rental market remains competitive with low vacancy rates, driven by steady demand from both local workers and regional transplants. Short-term rental activity is present but regulated by city zoning ordinances.
The economy is anchored by the healthcare sector, energy production, and regional retail services. Billings acts as a trade and medical hub for a large portion of Montana and northern Wyoming.
The area is served by a network of arterial roads connecting to I-90 and I-94, which are the primary transit corridors for the region. Public transportation is provided by MET Transit, primarily within the city limits.
Development is focused on infill residential projects and the expansion of commercial services along the western edge of the city. Infrastructure improvements are prioritized to manage traffic flow in growing suburban zones.
The Yellowstone County Department of Revenue oversees property assessments, which are conducted on a cyclical basis to ensure market value alignment.
Parcels are subject to various special districts, including school districts, fire protection districts, and local water/sewer utility districts.
Property insurance premiums have seen upward pressure due to regional weather patterns, including wind and hail exposure. Homeowners are encouraged to maintain adequate coverage for these specific hazards.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- The Reef Indoor Water Park46 mi
- Oasis4.52.6 mi
- Get Air Trampoline Park4.44.5 mi
- Öx Indoor Axe Throwing4.92.2 mi
- Chuck E. Cheese4.14.3 mi
- MetraPark - First Interstate Arena4.32.2 mi
- Pioneer Park4.62.2 mi
- Moss Mansion Museum4.81.4 mi
- The High Horse Saloon & Eatery4.41.7 mi
- The Pub Station4.51.1 mi
- ZooMontana4.56.8 mi
- Lava Island4.82.8 mi
- Pictograph Cave State Park4.43.6 mi
- Amend Park4.42.7 mi
- Riverfront Park4.52.9 mi
- Pictograph Cave State Park4.43.6 mi
- Moss Mansion Museum4.81.4 mi
- Wise Wonders Science and Discovery Museum4.61.2 mi
- Yellowstone Art Museum4.51.4 mi
- Roots Garden Center4.74.3 mi
- Pictograph Cave State Park4.43.6 mi
- Amend Park4.42.7 mi
- Riverfront Park4.52.9 mi
- Pioneer Park4.62.2 mi
- Zimmerman Park4.76 mi
- Lake Hills Golf Course4.34.3 mi
- Eaglerock Golf Course4.49.9 mi
- Yellowstone Country Club4.68.6 mi
- Billings Par 34.73.6 mi
- Briarwood Country Club4.63.6 mi
- Rimrock Mall44.3 mi
- Ross Dress for Less44.7 mi
- T.J. Maxx4.24.7 mi
- Albertsons41.5 mi
- Shipton's Big R West4.44.7 mi
- Billings-Logan International Airport4.43.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive network of paved and unpaved trails for cycling and walking.
Major regional shopping destination serving the Billings area.
Popular local park offering swimming, fishing, and picnic areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.