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 59116 — Billings
The Billings housing market is currently balanced, with inventory levels and sales pace indicating stability. While listing prices have seen modest growth, the market remains accessible compared to national trends, driven by steady regional demand.
This ZIP is a unique commercial/institutional code rather than a residential neighborhood, making it unsuitable for residential buyers or renters.
Median prices moved up 9.3% year over year.
Homes spend a median of 47 days on market with 4.5 months of supply — a fast-moving 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) — a stable, low-distress profile.
Not determinable at the ZIP level; city-wide crime trends are monitored by local law enforcement and generally align with regional averages for a city of this size.
Public schools serving the area are part of the Billings Public Schools district, which provides a range of educational services; specific school ratings vary by individual campus.
The area is subject to standard regional risks including wildfire smoke during summer months and occasional severe wind events; flood risk is localized to specific drainage basins.
Billings serves as a regional economic hub for healthcare, energy, and retail, with ongoing development focused on expanding infrastructure to support a growing population.
Property taxes are assessed by Yellowstone County based on market value; Montana does not have a general sales tax, and property tax rates are determined by local mill levies.
ZIP 59116 is a unique ZIP code associated with First Interstate Bank; as a non-residential ZIP, it does not have a standard residential commute profile.
The area is centrally located within Billings, providing access to the city's extensive park system, the Yellowstone River, and major retail corridors within a short drive.
The rental market in Billings shows solid demand with a median rent of $1,520, though the market has seen some recent downward pressure on pricing.
Billings is the largest city in Montana and serves as the primary trade and medical center for the region, with major employers in healthcare and energy.
The city is served by a network of highways including I-90 and I-94, with local transit provided by MET Transit.
Development is focused on infill projects and infrastructure upgrades to accommodate regional growth.
Yellowstone County utilizes a mass appraisal system to determine property values for tax purposes.
Parcels are subject to various local levies including school district, county, and municipal taxes.
Property insurance premiums in the region are influenced by wildfire and severe weather risk profiles.
Major regional waterway providing recreational opportunities.
Extensive network of city parks and trails.
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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