Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 59115 — Billings
The Billings housing market is currently balanced, with a median sale price of $396,500 and a moderate supply of inventory. Price growth has stabilized at 3.0% year-over-year, reflecting a measured pace for both buyers and sellers. Market activity is driven by steady regional demand and the city's role as a primary economic hub for Montana.
The Billings market is well-suited for families and long-term residents seeking a stable, mid-sized city environment with access to regional healthcare and outdoor amenities.
Median prices moved up 3.0% year over year.
Homes spend a median of 64 days on market with 4.0 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 10.5% — 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 7.0%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 59115, Yellowstone County, MT
Not determinable at the ZIP level; city-wide crime trends are monitored by the Billings Police Department.
Schools serving the Billings area are primarily managed by Billings Public Schools, which maintains a diverse range of elementary, middle, and high school facilities.
The region faces risks typical of the Northern Rockies, including wildfire smoke during summer months and occasional severe winter weather; flood risk is localized to areas near the Yellowstone River.
Billings serves as a regional economic hub for healthcare, energy, and retail, with ongoing development focused on expanding medical infrastructure and commercial corridors.
Montana utilizes a statewide property tax system with local mill levies; the state does not have a general sales tax, and property taxes are assessed based on the market value of residential property.
Commute times in the Billings area are generally moderate, with most residents relying on personal vehicles to navigate the city's grid and highway infrastructure.
The area offers access to numerous parks, the Yellowstone River, and proximity to regional trail systems, with major shopping and dining concentrated in the city's central and west-end districts.
The rental market shows solid demand with a median rent of $1,520, reflecting a stable but competitive environment for tenants.
Billings is the primary economic center for Montana, anchored by the healthcare, energy, and retail sectors.
The city is served by a network of highways and local transit, with most infrastructure focused on vehicle-based commuting.
Development is focused on infill projects and the expansion of commercial services in the city's growing west end.
The Yellowstone County Department of Revenue handles property assessments for tax purposes.
Parcels are subject to local school district levies and county-wide service assessments.
Property insurance premiums are influenced by regional wildfire and severe weather risks.
Not determinable at the ZIP level.
Montana is a non-judicial foreclosure state, with specific notice and redemption periods defined by state law.
Montana is a non-disclosure state, meaning sale prices are not public record.
Data retrieved from US Census Bureau and local market reports.
Major regional waterway providing recreational access.
Iconic sandstone cliffs offering hiking and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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