Billings, Montana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

597

Sold (12M)

Median Price

Market Condition

Strong Buyer's Market

Billings, Montana Market Meter

Strong Buyer's Market

895.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

242

Months of Supply

895.5

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	1	6	12	37	52
1-2 acres	-	-	1	1	8	10
2-5 acres	-	1	2	3	4	7
5-10 acres	-	-	-	-	-	1
10-20 acres	-	-	-	1	1	2
20-50 acres	-	-	-	1	3	3
50-100 acres	-	-	1	2	2	2
100+ acres	-	-	1	1	1	4
TOTAL	0	2	11	21	56	81

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres12 sold / 410 listed

1-2 acres1 sold / 78 listed

2-5 acres3 sold / 53 listed

5-10 acres0 sold / 11 listed

10-20 acres1 sold / 21 listed

20-50 acres1 sold / 14 listed

50-100 acres2 sold / 4 listed

100+ acres1 sold / 6 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

597

Current inventory

Avg Days on Market

242

Time to sell

Price Trend (YoY)

Year over year

Billings, Montana Land Market Analysis

Is now a good time to invest in land in Billings, Montana?

The current absorption rate in Billings, Montana is 0.1% (3-month basis), indicating slow demand. The top-performing broker in this market is LPT Realty.

What is the total land for sale in Billings, Montana?

There are currently 597 active listings in Billings, Montana. 64 new listings have hit the market in the last 90 days. The median asking price is $98K.

What is the absorption rate for land in Billings, Montana?

The 3-month absorption rate in Billings, Montana is 0.1%. The 12-month rate is 0.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in Billings, Montana?

Land in Billings, Montana typically sells within 242 days of listing. The median time on market is 142 days. Properties are moving slowly in the current strong buyer's market.

What is the total amount sold in Billings, Montana last year?

Over the past 12 months, Billings, Montana saw 22 properties sold. In just the last 3 months, 2 properties changed hands.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.