Property prices for sale in Billings (Montana)

The prices in real estate in Billings, in the Montana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$342,530.5
Average price last 6 months
$142.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Billings has increased during the last 6 months. In November, the average price per sq.feet was $133. In December this price pretty much remained the same at a value of $136 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $134.5 to $139 per sq.feet. The price per sq.feet has increased 113 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $136.75 to $155 during March, and April.

Average price

Based upon to the price in Billings (cities), this has gone up in the last 6 months. The price in November is $322,087, rising in December till $370,318. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $407,356 they are 63 % more affordable than the average price for Billings. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $279,193.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $139 / sq.feet, with an average $157 / sq.feet price in Billings. The properties with the highest average prices have 2 bedrooms. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $151 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $407,356 it is 65 % cheaper than the average price in Billings. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $389,554 it is 258 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $53 / sq.feet followed by "Duplex" priced at $129 / sq.feet. "Land" is the most costly type of property with a $47,850 / sq.feet cost followed by "Condo" with an average price of $296 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Billings
Number of properties used in region Montana
$407,356
$157
3,166
45,418
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value