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.

 

 

Share

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Table of Contents
Bozeman median home value

Increase Your Home's Value

It's a hot market in Bozeman. Don't leave money on the table!

In As Little As A Day

Grab these 7 tips to increase your home's value today!
Get My Guide
Featured Properties
No Comments

Post A Comment

How healthy is living in Bozeman?

How Healthy Is Living in Bozeman?

Bozeman is a town that is dedicated to a healthy lifestyle, which may explain why we saw a huge influx of out-of-town buyers in 2020. Many people came for healthier air and water, open spaces, easy commuting and incredible outdoor amenities. How Healthy Is Living

Read More →
New on the MLS

Latest Listings

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.

Sort Option
  • Listing ID
  • Built up Area
  • Price
  • Pictures
  • Add date
  • Featured
Grid
List
Map
RSS

1560 New Holland Drive, Bozeman, Montana 59715

1560 New Holland Drive, Bozeman, Montana 59715

3Bedroom(s)
2Bathroom(s)
0.12Acre
2,015Sqft
Stunning brand-new home to be built, located in a convenient in town location. Walking distance to the Gallatin regional park and Dinosaur playground. Home will feature shaker cabinets, quartz counters, luxury vinyl plank flooring. Main level has a 1/2 bath, living, dining, kitchen. Stainless appliances, enormous garage.
$525,951

402 Meriwether Avenue, Bozeman, Montana 59715

402 Meriwether Avenue, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
0.13Acre
1,864Sqft
This townhome is in the heart of Bozeman is estimated to begin construction in November 2020. Units will include modern finishes such as LVP flooring, stainless appliances, granite counter tops, decks for entertaining, and a full landscape package. Interior units are 1,588 sq. ft. with 2-bedroom, 2-baths with single attached garages. Exterior units are 1,864 sq.
$435,000

432 Meriwether Avenue, Bozeman, Montana 59715

432 Meriwether Avenue, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
0.10Acre
1,864Sqft
This townhome is in the heart of Bozeman is estimated to begin construction in November 2020. Units will include modern finishes such as LVP flooring, stainless appliances, granite counter tops, decks for entertaining, and a full landscape package. Interior units are 1,588 sq. ft. with 2-bedroom, 2-1/2 baths with single attached garages. Exterior units are 1,864 sq.
$435,000

615 N Montana, Bozeman, Montana 59715

615 N Montana, Bozeman, Montana 59715

4Bedroom(s)
2Bathroom(s)
0.15Acre
1,650Sqft
Charming North side four bedroom, two bathroom home on spacious lot is the perfect place for you. Just blocks from downtown with character around every corner. The upstairs has two bedrooms, living, kitchen, bathroom and has been nicely updated. The downstairs also has two bedrooms, living room, kitchen, bathroom and has it's own side entrance.
$625,000

87 Arrowwood Drive, Bozeman, Montana 59718

87 Arrowwood Drive, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.22Acre
2,080Sqft
Welcome home to this cute, and extensively updated west Bozeman property! Plenty of space to spread out in this 4 bedroom, 2 family room, plus den two story home All new Canadian Inline Fiberglass windows in 2018, new roof in 2015, all new interior paint. The lower level has been completely redone with new flooring, doors, trim, and beautiful reclaimed wood accent wall.
$544,900

615 Fieldstone Drive, Bozeman, Montana 59715

615 Fieldstone Drive, Bozeman, Montana 59715

4Bedroom(s)
2Bathroom(s)
0.31Acre
2,612Sqft
A rare opportunity to live in one of Bozeman’s most popular Southside neighborhoods, Westfield Park. This 4-bedroom, 3 bath home has been meticulously cared for inside and out. Open floor plan with master on the main floor and two additional bedrooms. A large daylight basement with a flex space and additional bedroom provide space for guests or older children.
$709,900

202 Eagle Creek Drive, Bozeman, Montana 59718

202 Eagle Creek Drive, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
2,164Sqft
Absolutely stunning fully furnished condominium! Yes, this unit is being sold fully furnished.
$675,000

125 Donna Way H, Bozeman, Montana 59715

125 Donna Way H, Bozeman, Montana 59715

3Bedroom(s)
2Bathroom(s)
1,669Sqft
This charming two-story end unit condo is located close to Bozeman's Main Street, MSU, shopping and schools. Part of a small well-kept 8-unit complex, it offers a generously sized south facing living room with open floor plan for the kitchen/dining areas. large main level master with walk-in closet & direct patio access.
$434,000

3791 Potosi Street, Bozeman, Montana 59718

3791 Potosi Street, Bozeman, Montana 59718

3Bedroom(s)
1Bathroom(s)
0.16Acre
1,724Sqft
This beautiful single family has an open floor plan, granite counter tops, maple hardwood flooring and cabinetry. This home boasts pride of ownership, character and quality construction! It sits on a corner lot and maximizes the yard space.
$550,000
130 Results returned.Per Page

home

Let me help
you find yours.

Windermere Downtown logo Bozeman Real Estate Agent Liz Nitz

Windermere Downtown Bozeman

135 E Main St.

Bozeman, MT 59715

MLS Realtor logo Bozeman Real Estate Agent Liz Nitz
Equal Housing Opportunity Bozeman Real Estate Agent Liz Nitz
Copyright © 2020 by Liz Nitz. All rights reserved. View our Privacy Policy.
Made with ♡ by Pageperfect.
Play Video

Get In Touch

Start the Conversation

Play Video

Don't leave money on the table

Increase Your Home's Value in A Day

Get Dynamic Updates

Save a custom search on this page & I'll email you instantly when a new listing matches the criteria.