Real estate · Metro area · Montana
Real estate agents and brokers in the Billings, MT metro area
Competitor counts, household spending and official business counts for real estate agents and brokers in the Billings, MT metro area, set against other metro areas and the U.S.
Groundwork market score · out of 100
Score 44 out of 100: Lower middle
Ranked #247 of 387 scored metro areas
#2 of 5 scored metro areas based in Montana
- Listings
- 262
- 11 chain locations (4%)
- Official establishments
- 201
- +38.6% since 2019
- Household spending a year
- $1.4B
- On rent and homeowner costs · $17,796 a household
- Housing spending per listing (U.S. = 100)
- 98
- 2% below the U.S.
- Listings per 10k households
- 33.4
- 9% above the U.S.
- Population, 2025
- 193,603
- +4.8% since 2020
See the real estate agents and brokers around any address in the Billings metro area
The site report maps the real estate agents and brokers on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Billings metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Households in the Billings metro area spend about $1.4B a year on rent and homeowner costs, or $17,796 per household, 7% above the U.S. average. Housing spending per office is 2% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in.
There are 262 real estate agents and brokers on map listings in the Billings metro area as of September 2026. Of those, 11 are chain locations, or 4%, against 4% across the U.S. That comes to 33.4 for every 10,000 households, 9% above the U.S. rate of 30.6.
In 2023, official counts showed 201 businesses with payroll in the Billings metro area classed as offices of real estate agents and brokers, up 38.6% from 2019. That is one for every 390 households, against one for every 788 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $150K has gone to businesses classed as offices of real estate agents and brokers in the Billings metro area.
Between 2020 and 2025, the population of the Billings metro area grew 4.8%, faster than the U.S. (+3.1%). The Billings metro area scores 44 (lower middle) on the Groundwork market score for real estate agents and brokers, ranking #247 of 387 scored metro areas and #2 of 5 scored metro areas based in Montana.
How the Billings metro area compares
The same measures for Montana and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.
| Measure | Billings metro area | Montana | U.S. |
|---|---|---|---|
| Listings per 10k households | 33.4 | 37.8 | 30.6 |
| Housing spending per listing (U.S. = 100) | 98 | 84 | 100 |
| Households per official establishment | 390 | 417 | 788 |
| Official establishment growth, 2019–2023 | +38.6% | +30.6% | +20.1% |
| Population growth, 2020–2025 | +4.8% | +5.3% | +3.1% |
| Spending per household on rent and homeowner costs | $17,796 | $17,303 | $16,661 |
| Median household income | $77,194 | $72,509 | $80,734 |
| Groundwork market score | 44 | 31 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 201+38.6% over the period
- Employees, 2023
- 283
- Annual payroll, 2023
- $16.1M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 26211 chain locations
- Listings at the U.S. rate for this spending
- 256The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 1
- Amount
- $150K
SBA-backed loans to businesses classed as offices of real estate agents and brokers in the Billings metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the Billings metro area
- Population, 2025 estimate
- 193,603+4.8% since 2020
- Households
- 78,371
- Median age
- 40.7
- Homes lived in by their owners
- 71%
- Vehicles per household
- 2.1
- Land area
- 6,478 sq. mi.
- People per square mile
- 29
- Median household income
- $77,194+26.0% vs. 2015–2019, before inflation
- Average household income
- $105,451
- Median home value
- $355,200
- Jobs located here
- 97,581
- Daytime population
- 192,076Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Billings metro area?
These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate agents and brokers on map listings by name and distance.
Or open the report at the center of the Billings metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardReal estate agents and brokers across Montana
Every Montana market ranked →The highest-scoring metro areas in Montana for real estate agents and brokers, numbered among those based in Montana, with the Billings metro area marked.
Top metro areas in Montana
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Great Falls, MT | 45 | 105 | 29.5 | 104 | +0.7% | #232 of 387 |
| 2Billings, MT | 44 | 262 | 33.4 | 98 | +4.8% | #247 of 387 |
| 3Helena, MT | 43 | 147 | 37.7 | 88 | +7.7% | #255 of 387 |
| 4Missoula, MT | 40 | 193 | 35.2 | 91 | +4.7% | #284 of 387 |
| 5Bozeman, MT | 36 | 326 | 63.7 | 56 | +7.7% | #330 of 387 |
Other business types in the Billings metro area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
- Real estate42
- Real estate agents and brokers44
- Property management38
- Mortgage brokers and lenders55
- Home inspectors38
Funeral services
Questions
How many real estate agents and brokers are in the Billings, MT metro area?
As of September 2026, map listings count 262 real estate agents and brokers in the Billings metro area. 11 of them (4%) are chain locations. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 201 businesses with payroll classed as offices of real estate agents and brokers in 2023, up 38.6% from 2019.
How much do households in the Billings, MT metro area spend on rent and homeowner costs?
About $1.4B a year, or $17,796 per household. That is 7% above the U.S. average (an index of 107, where 100 is the U.S. average). For the 262 real estate agents and brokers on map listings, housing spending per office is 2% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in. It is estimated from the incomes of the 78,371 households in the Billings metro area and national spending patterns by income.
How does the Billings, MT metro area compare with the U.S. for real estate agents and brokers?
The Billings metro area has 33.4 real estate agents and brokers per 10,000 households, 9% above the U.S. rate of 30.6. The index of housing spending per office is 98, where 100 is the U.S. At the U.S. ratio of real estate agents and brokers to household spending, the Billings metro area would have about 256, against 262 on map listings. There is one business with payroll in the industry for every 390 households, against one for every 788 across the U.S. The official count rose 38.6% from 2019 to 2023, against +20.1% for the U.S.
How fast is the Billings, MT metro area growing?
Population estimates put the Billings metro area at 193,603 people in 2025, up 4.8% since 2020, faster than the U.S. (+3.1%). It has 78,371 households. Median household income in the Billings metro area is $77,194, 4% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 26.0%, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Billings metro area scores 44 for real estate agents and brokers (lower middle), #247 of 387 scored metro areas.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Billings metro area. It maps the real estate agents and brokers on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for real estate agents and brokers · All 56 business types in the Billings metro area
Screening a site or an acquisition in the Billings metro area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the Billings metro area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.