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Billings Metro Area Housing

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As of 2010-2014, median price of a house in Billings Area is $187,100, which is about the same as the state average of $187,600 and is higher than the national average of $175,700. The median year that a house in Billings Area was built is 1976, which is about the same as the median year for a house built in the state which is 1976 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 45,601 Owner Occupied Houses in Billings Area, #142

Billings Area	187,100 USD
Montana	187,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Billings Area	16.36%
Montana	88.54%
U.S.	46.91%

*The Billings Area median house price growth rate is since 2005-2009. The Montana and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Billings Area	Montana	U.S.
Total Housing Units	72,031, see rank, 100%	486,782	132,741,033
Occupied Housing Units	66,009, 91.64%, see rank	83.77%	87.55%
Owner Occupied	45,601, 63.31%, see rank	56.74%	56.34%
Renter Occupied	20,408, 28.33%, see rank	27.03%	31.21%
Vacant Housing Units	6,022, 8.36%, see rank	16.23%	12.45%
For Rent	1,301, 1.81%, see rank	1.86%	2.34%
For Sale Only	384, 0.53%, see rank	1.18%	1.20%
Rented or Sold, Not Occupied	337, 0.47%, see rank	0.76%	0.92%
For Seasonal, Recreational, or Occasional Use	2,135, 2.96%, see rank	7.91%	3.97%
For Migrant Workers	40, 0.06%, see rank	0.06%	0.03%
Other Vacant	1,825, 2.53%, see rank	4.46%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #413

Billings Area	Montana	U.S.
1976	1976	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Billings Area	%	Montana	U.S.
Owner-Occupied Units	45,601	100%	276,201	74,787,460
With a Mortgage	29,139	63.90%, see rank	57.37%	65.58%
Without a Mortgage	16,462	36.10%, see rank	42.63%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Billings Area	1,317 USD
Montana	1,290 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Billings Area	%	Montana	U.S.
$299 or Less	58	0.20%, see rank	0.26%	0.20%
$300 to $499	553	1.90%, see rank	2.22%	1.59%
$500 to $699	1,864	6.40%, see rank	7.08%	5.01%
$700 to $999	4,845	16.63%, see rank	18.85%	14.32%
$1,000 to $1,499	11,196	38.42%, see rank	35.88%	27.90%
$1,500 to $1,999	6,077	20.86%, see rank	20.48%	20.35%
$2,000 to $2,999	3,774	12.95%, see rank	11.88%	19.52%
$3,000 or More	772	2.65%, see rank	3.33%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Billings Area	21.90% of the Total Income
Montana	23.30% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Billings Area	%	Montana	U.S.
10% or Less	2,150	7.38%, see rank	6.28%	5.86%
10% to 20%	10,485	35.98%, see rank	33.19%	31.95%
20% to 30%	8,549	29.34%, see rank	27.60%	27.64%
30% to 40%	3,578	12.28%, see rank	13.14%	13.74%
40% or More	4,288	14.72%, see rank	19.38%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Billings Area	398 USD
Montana	385 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Billings Area	%	Montana	U.S.
$199 or Less	1,274	7.74%, see rank	9.68%	7.76%
$200 to $299	2,782	16.90%, see rank	19.15%	14.70%
$300 to $499	8,154	49.53%, see rank	45.26%	34.63%
$500 to $699	2,886	17.53%, see rank	16.87%	21.16%
$700 or More	1,366	8.30%, see rank	9.04%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Billings Area	11.20% of the Total Income
Montana	11.30% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Billings Area	%	Montana	U.S.
10% or Less	7,431	45.14%, see rank	44.41%	40.19%
10% to 20%	5,000	30.37%, see rank	31.16%	31.47%
20% to 30%	1,775	10.78%, see rank	11.22%	12.24%
30% to 40%	789	4.79%, see rank	4.63%	5.64%
40% or More	1,352	8.21%, see rank	7.72%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Billings Area	Montana	U.S.
Total Housing Units	72,031, 100%	486,782	132,741,033
1-unit, Detached	47,462, 65.89%, see rank	69.13%	61.65%
1-unit, Attached	3,299, 4.58%, see rank	3.01%	5.82%
2 Units	2,784, 3.87%, see rank	3.54%	3.75%
3 or 4 Units	3,173, 4.41%, see rank	4.82%	4.43%
5 to 9 Units	2,531, 3.51%, see rank	2.92%	4.78%
10 or More Units	4,562, 6.33%, see rank	5.37%	13.08%
Mobile Home, Boat, RV, Van, etc.	8,220, 11.41%, see rank	11.21%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Billings Area	Montana	U.S.
Total Housing Units	72,031, 100%	486,782	132,741,033
1 Room	842, 1.17%, see rank	2.61%	1.95%
2 Rooms	1,901, 2.64%, see rank	3.45%	2.48%
3 Rooms	5,862, 8.14%, see rank	8.70%	9.13%
4 Rooms	13,173, 18.29%, see rank	17.78%	16.60%
5 Rooms	14,169, 19.67%, see rank	19.92%	20.41%
6 Rooms	10,304, 14.30%, see rank	15.51%	18.06%
7 Rooms	8,455, 11.74%, see rank	11.04%	12.27%
8 Rooms	6,418, 8.91%, see rank	8.38%	8.48%
9 Rooms or More	10,907, 15.14%, see rank	12.61%	10.60%
Median Rooms	5.50, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Billings Area	Montana	U.S.
Total Housing Units	72,031, 100%	486,782	132,741,033
No Bedroom	1,000, 1.39%, see rank	2.84%	2.17%
1 Bedroom	7,253, 10.07%, see rank	10.59%	11.16%
2 Bedrooms	19,146, 26.58%, see rank	27.67%	26.69%
3 Bedrooms	24,550, 34.08%, see rank	36.25%	39.70%
4 Bedrooms	13,506, 18.75%, see rank	16.21%	16.05%
5 or More Bedrooms	6,576, 9.13%, see rank	6.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Billings Area	Montana	U.S.
Total Housing Units	66,009, 100%	407,797	116,211,092
Utility Gas	47,427, 71.85%, see rank	54.68%	48.85%
Bottled, Tank, or LP Gas	4,699, 7.12%, see rank	12.11%	4.86%
Electricity	11,046, 16.73%, see rank	21.42%	36.68%
Fuel Oil, Kerosene, etc.	251, 0.38%, see rank	1.30%	5.86%
Coal or Coke	165, 0.25%, see rank	0.18%	0.12%
Wood	1,672, 2.53%, see rank	8.78%	2.12%
Solar Energy	38, 0.06%, see rank	0.07%	0.05%
Other Fuel	546, 0.83%, see rank	1.17%	0.47%
No Fuel Used	165, 0.25%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Billings Area	Montana	U.S.
Occupied Units Paying Rent	19,548, 100%	119,552	39,201,928
$199 or Less	423, 2.16%, see rank	3.00%	1.50%
$200 to $299	616, 3.15%, see rank	4.42%	3.18%
$300 to $499	2,228, 11.40%, see rank	15.28%	7.37%
$500 to $699	5,408, 27.67%, see rank	27.84%	16.01%
$700 to $999	6,641, 33.97%, see rank	29.37%	29.17%
$1,000 to $1,499	3,003, 15.36%, see rank	15.50%	26.88%
$1,500 to $1,999	579, 2.96%, see rank	2.93%	9.79%
$2,000 or More	650, 3.33%, see rank	1.67%	6.10%
Median	$736, see rank	$696	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Billings Area	Montana	U.S.
Occupied Housing Units	66,009, 100%	407,797	116,211,092
No Vehicles Available	3,362, 5.09%, see rank	5.19%	9.12%
1 Vehicles Available	20,432, 30.95%, see rank	28.68%	33.80%
2 Vehicles Available	23,677, 35.87%, see rank	37.60%	37.48%
3 or More Vehicles Available	18,538, 28.08%, see rank	28.52%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.