Intro to Bozeman

Billings Emerging Housing Market

by Liz Nitz

View of Billings from the Rims. Courtesy Visitbillings.com.

Billings ranked No. 4 on Realtor.com and the Wall Street Journal’s latest Emerging Housing Markets index. They looked at metrics for housing market, economic vitality, and quality of life to come up with the list of cities that have great lifestyle amenities and are also expected to see home prices go up.

Billings is the largest city in Montana and has a much different vibe than Bozeman. It’s a proud, hard-working town that serves as an important hub for agricultural activity (sugar beets, grain and livestock) and the energy industry (natural gas, oil and coal).

What to Know About Billings, Montana

    • Population: 109,577 (U.S. Census Bureau 2019 estimate)
    • Median Home Price: $269,900 (Realtor.com)
    • Unemployment rate: 4.1% (Bureau Labor & Statistics)
    • Weather: Many locals refer to Billings as the sunbelt because of its relatively mild climate compared to other cities in Montana. You will see snow, about 59 inches a year, in the winter but it melts quickly and days are more sunny than not.
    • Healthcare: Many people retire to Billings from smaller, rural communities for the most advanced healthcare in Montana. There are two major hospitals (Billings Clinic and St. Vincent Healthcare) and more than 40 clinics.
    • Airport: Billings Logan International Airport has direct service to major cities like San Diego, Las Vegas, Phoenix, Minneapolis and Chicago. It will unveil a new $55 million terminal in November 2021 that will house three additional gates.

Stay/Eat/Play

Northern Hotel: A historic luxury hotel in the heart of downtown. Stylish rooms, great lobby for hanging out and two restaurants – Bernie’s Diner for casual breakfast/lunch and TEN for fine dining. 19 N. Broadway (406)867-6767.

The Rimrocks: These sandstone formations that run along Billings are called “the Rims” by locals. There’s a great paved trail that runs along the top where you can hike, bike or just walk and take in a 360-degree view of the city.

Yellowstone Art Museum: YAM is the largest contemporary art museum in Montana with an impressive permanent collection and a diversity of exhibitions for all art lovers. 401 N. 27th St. (406)256-6804.

Desmond’s The Store for Men and Brockel’s Chocolates: These two shops are just a fun nod to the past. Desmond’s has the kind of full-service shopping that you don’t see anymore- you’ll feel like you have your own personal shopper/tailor. Brockel’s is a local, handmade candy shop that makes you feel like a kid again. 2819 2nd Avenue North (406) 245-4612 and 117 N 29th St. (406) 248-2705.

Harper & Madison: Super cute downtown lunch spot for fresh salads, sandwiches and coffee. It’s close to Billings Clinic and St. Vincent and Pioneer Park, which has the best playground in Billings. 3115 10th Avenue North (406) 281-8550.

The Annex Coffeehouse & Bakery and The Fieldhouse: Do not leave town without hitting these two adjacent spots. Annex has craft coffee and amazing, house-made bread and pastries. The Fieldhouse has things that you normally don’t find on most menus in Billings like roasted artichokes with romesco, preserved lemon, puffed amaranth and nutritional yeast. 2601 Minnesota Ave. (406) 371-5904.

The Burger Dive: There’s usually a line at this divey burger joint with great burgers and fries. The “I’m Your Huckleberry” burger won the top prize in the World Food Championships in 2016 and it was featured on Travel Channel’s “Man Vs. Food.” 114 N. 27th St. (406) 281-8292.

 

Bozeman’s housing market saw a flood of new buyers in 2020 and the recent index shows that buyers are extending their searches to emerging housing markets like Billings. If you have any questions about the real estate picture in Bozeman or other towns in Montana, feel free to email me at liz@windermere.com.

 

 

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The following homes listed below were just listed in the last 7 days. This seller’s market is hot so we keep a close eye on the latest inventory. Subscribe below for instant updates of your ideal criteria.

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236 Dry Fly Lane, Bozeman, Montana 59718

236 Dry Fly Lane, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
1.01Acre
3,780Sqft
Gorgeous new construction by acclaimed ST Custom Homes. This architecturally designed Contemporary home encompasses all the finest features. Main living level has natural white oak floors & stunning great room, with floor to ceiling tile-surround fireplace.
$1,095,000

14948 Pony Creek Road, Bozeman, Montana 59715

14948 Pony Creek Road, Bozeman, Montana 59715

1Bedroom(s)
1Bathroom(s)
22.32Acre
1,099Sqft
10 minutes to Bridger Bowl 35-40 minutes to Bozeman and less than an hour to Livingston via Clyde Park this 22.32 acre property would be ideal for an artist, writer or client looking to live in the mountains. Home is unique and well thought out for individual or couple. Natural light and great trails allow for skiing and mountain biking throughout the property.
$620,000

978 Auger Lane, Bozeman, Montana 59718

978 Auger Lane, Bozeman, Montana 59718

5Bedroom(s)
3Bathroom(s)
0.19Acre
3,332Sqft
Currently under construction and scheduled to be finished in September 2021. This 2-story craftsman home with breathtaking views of the Bridger Mountains is located in the highly sought-after Flander's Mill Subdvision. This 5-bedroom, 3-bathroom home has a 3-car garage using a tandem parking on one side.
$1,400,000

1956 Vaquero Parkway, Bozeman, Montana 59718

1956 Vaquero Parkway, Bozeman, Montana 59718

5Bedroom(s)
3Bathroom(s)
0.16Acre
2,894Sqft
New/under construction, this contemporary farm home in The Crossings boasts some of the most spectacular views. Backing to open space and thoughtful window placement allow for tons of light and amazing Bridger mountain views to the northeast.
$1,100,000

5418 Vahl Way, Bozeman, Montana 59718

5418 Vahl Way, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.10Acre
2,181Sqft
Welcome home to The Lakes at Valley West! This four bedroom home with a second floor bonus room provides a lot of natural light. It conveniently backs to neighborhood open space with sidewalks and is located not even a block away from "the lakes" and the desirable playground in the subdivision.
$750,000

4116 Moonstone Drive, Bozeman, Montana 59718

4116 Moonstone Drive, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.19Acre
2,534Sqft
Beautiful home in desirable Flanders Mill features a most functional floorplan that includes a well-appointed main floor owner's suite and separate office/den that could be a fourth bedroom. The gorgeous kitchen has tons of storage and a huge island that's open to the vaulted great room. The upper level boasts generous bedrooms with Bridger views that open to yet another living area.
$869,000

3191 Fieldstone Drive W, Bozeman, Montana 59715

3191 Fieldstone Drive W, Bozeman, Montana 59715

4Bedroom(s)
3Bathroom(s)
0.19Acre
3,018Sqft
Centrally located on the south side of Bozeman and close to Morningstar and Sacajawea schools boasts a newly remodeled living room and kitchen. The kitchen is a chef's dream; Viking appliances, Bosch coffee station, new cabinetry, quartz counter tops, Tiger Wood flooring and front door, along with interior Alder doors.
$875,000

3327 Monida Street, Bozeman, Montana 59718

3327 Monida Street, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.20Acre
2,647Sqft
LOCATION, LOCATION, LOCATION! With 2600+ SF, this great, open floor plan features a main floor master, office + 3 large bedrooms upstairs. The living room is equipped with a gas fireplace and is centrally located between the kitchen, back patio, and dining area - great for entertaining.
$775,000

271 Heights, Bozeman, Montana 59718

271 Heights, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.60Acre
2,157Sqft
Like new, charming two-story home has great views of the Bridger Mountains and is across from neighborhood park with playground, gazebo and volleyball/basketball courts. The main floor of this 2150sf home offers a spacious living room featuring a cozy gas fireplace, kitchen with island, granite countertops and stainless-steel appliances plus guest bath and den/office.
$659,000
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Windermere Downtown Bozeman

135 E Main St.

Bozeman, MT 59715

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