Real estate · County · Montana
Real estate businesses in Yellowstone County, MT
Competitor counts, household spending and official business counts for real estate businesses in Yellowstone County, MT, set against other counties and the U.S.
Groundwork market score · out of 100
Score 39 out of 100: Lower middle
Ranked #1,693 of 2,229 scored counties
#10 of 17 scored counties in Montana
- Listings
- 320
- 17 chain locations (5%)
- Official establishments
- 273
- +19.7% since 2019
- Household spending a year
- $1.2B
- On rent and homeowner costs · $17,757 a household
- Housing spending per listing (U.S. = 100)
- 90
- 10% below the U.S.
- Listings per 10k households
- 45.8
- 19% above the U.S.
- Population, 2025
- 172,692
- +4.5% since 2020
See the real estate businesses around any address in Yellowstone County
The site report maps the real estate businesses 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 Yellowstone County. 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
For real estate businesses, Yellowstone County has a Groundwork market score of 39 (lower middle): #1,693 of 2,229 scored counties and #10 of 17 scored counties in Montana. That puts it in the bottom quarter of counties.
Households in Yellowstone County spend about $1.2B a year on rent and homeowner costs, or $17,757 per household, 7% above the U.S. average. Housing spending per office is 10% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.
There are 320 real estate businesses on map listings in Yellowstone County as of September 2026. 17 of them (5%) are chain locations, against 6% across the U.S. That comes to 45.8 for every 10,000 households, 19% above the U.S. rate of 38.5.
The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in Yellowstone County was 273 in 2023, up 19.7% from 2019. That is one for every 256 households, against one for every 414 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $150K has gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Yellowstone County. Between 2020 and 2025, the population of Yellowstone County grew 4.5%, faster than the U.S. (+3.1%).
How Yellowstone County 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 | Yellowstone County | Montana | U.S. |
|---|---|---|---|
| Listings per 10k households | 45.8 | 46.9 | 38.5 |
| Housing spending per listing (U.S. = 100) | 90 | 85 | 100 |
| Households per official establishment | 256 | 260 | 414 |
| Official establishment growth, 2019–2023 | +19.7% | +25.1% | +15.8% |
| Population growth, 2020–2025 | +4.5% | +5.3% | +3.1% |
| Spending per household on rent and homeowner costs | $17,757 | $17,303 | $16,661 |
| Median household income | $76,570 | $72,509 | $80,734 |
| Groundwork market score | 39 | 32 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 228 → 273+19.7% over the period
- Employees, 2023
- 595
- Annual payroll, 2023
- $30.6M
- One-person businesses, 2023
- 790Businesses with no payroll
- Map listings, September 2026
- 32017 chain locations
- Listings at the U.S. rate for this spending
- 287The 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 real estate agents, property managers, mortgage lenders and inspectors in Yellowstone County, 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 Yellowstone County
- Population, 2025 estimate
- 172,692+4.5% since 2020
- Households
- 69,897
- Median age
- 39.6
- Homes lived in by their owners
- 70%
- Vehicles per household
- 2.0
- Land area
- 2,633 sq. mi.
- People per square mile
- 64
- Median household income
- $76,570+25.0% vs. 2015–2019, before inflation
- Average household income
- $104,900
- Median home value
- $349,500
- Jobs located here
- 90,871
- Daytime population
- 173,526Residents who don’t work, plus everyone whose job is here
Looking at a specific site in Yellowstone County?
These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.
Or open the report at the center of Yellowstone County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardReal estate across Montana
Every Montana market ranked →The highest-scoring counties in Montana for real estate businesses, numbered among those based in Montana, with Yellowstone County marked.
Top counties in Montana
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Richland County, MT | 69 | 6 | 13.6 | 303 | −1.3% | #224 of 2,229 |
| 2Custer County, MT | 59 | 9 | 17.9 | 214 | +1.5% | #613 of 2,229 |
| 3Sanders County, MT | 57 | 13 | 23.8 | 151 | +12.9% | #729 of 2,229 |
| 4Fergus County, MT | 55 | 15 | 28.3 | 131 | +3.1% | #839 of 2,229 |
| 5Carbon County, MT | 47 | 17 | 36.4 | 113 | +9.1% | #1,241 of 2,229 |
| 6Lake County, MT | 46 | 47 | 37.4 | 102 | +6.9% | #1,315 of 2,229 |
| 7Hill County, MT | 44 | 16 | 25.8 | 138 | −0.5% | #1,394 of 2,229 |
| 8Lincoln County, MT | 41 | 36 | 39.6 | 87 | +13.1% | #1,586 of 2,229 |
| 9Cascade County, MT | 39 | 130 | 36.5 | 106 | +0.7% | #1,685 of 2,229 |
| 10Yellowstone County, MT | 39 | 320 | 45.8 | 90 | +4.5% | #1,693 of 2,229 |
Other business types in Yellowstone County
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
Funeral services
Questions
How many real estate businesses are in Yellowstone County, MT?
As of September 2026, map listings count 320 real estate businesses in Yellowstone County. 17 of them (5%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 273 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 19.7% from 2019. Official counts list 790 one-person businesses without payroll.
How much do households in Yellowstone County, MT spend on rent and homeowner costs?
About $1.2B a year, or $17,757 per household. That is 7% above the U.S. average (an index of 107, where 100 is the U.S. average). For the 320 real estate businesses on map listings, housing spending per office is 10% 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 businesses take in. It is estimated from the incomes of the 69,897 households in Yellowstone County and national spending patterns by income.
How does Yellowstone County, MT compare with the U.S. for real estate businesses?
Yellowstone County has 45.8 real estate businesses per 10,000 households, 19% above the U.S. rate of 38.5. The index of housing spending per office is 90, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, Yellowstone County would have about 287, against 320 on map listings. There is one business with payroll in the industry for every 256 households, against one for every 414 across the U.S. The official count rose 19.7% from 2019 to 2023, against +15.8% for the U.S.
How fast is Yellowstone County, MT growing?
Population estimates put Yellowstone County at 172,692 people in 2025, up 4.5% since 2020, faster than the U.S. (+3.1%). It has 69,897 households. Median household income in Yellowstone County is $76,570, 5% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 25.0%, 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. Yellowstone County scores 39 for real estate businesses (lower middle), #1,693 of 2,229 scored counties.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Yellowstone County. It maps the real estate businesses 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 businesses · All 56 business types in Yellowstone County
Screening a site or an acquisition in Yellowstone County?
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 Yellowstone County. 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.