ZIP 59101 Housing Market Update: Inventory, Pricing, and Permitting Notes
59101 – February 25, 2026 – ZIP 59101 market shows 265 listings and a $355K median list price; City permitting portal shifts may affect remodel timelines.
ZIP 59101 (Billings, MT) remains buyer-leaning, with pricing holding near recent highs even as homes take about two months to move from list to pending.
What the dashboards show
- Roughly 265 homes are listed for sale, with a median list price near $355K.
- Typical marketing time is about 64 days, and Realtor.com continues to label the area a buyer’s market.
- Realtor.com’s ZIP-level view (through Dec. 2025) shows median rent around $1,200 and a Hotness Index of 72, pointing to steady shopper interest alongside relatively elevated supply.
Development & permitting watch
For owners planning upgrades, the City Building Division is transitioning permitting tools, and a brief portal outage is scheduled for Feb. 27–Mar. 2. That timing could matter for submittals, revisions, and inspection coordination.
Separately, MDT’s MT 3 Billings Corridor Study has moved through public review, with final documents anticipated in March 2026.
For the week ahead, watch for changes in price cuts, days on market, and rental availability as new listings compete for attention.