Billings, MO—65610
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Billings, MO
As of Oct '25, the median home price in Billings, MO is $332,000, with a year-over-year change of 3.9%. This indicates that home prices in Billings, MO are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $332,000 | 3.9% |
| Single Family | $331,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 2.9% |
3 Bed | $325,000 | 4.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Billings, MO
As of July '25, Rentcast reports the average rent in Billings, MO is $733, with a year-over-year rent change of -0.3%. Per bedroom, the median rent as of July '25 in Billings, MO is 1-bedrooms: $400, 2-bedrooms: $900. The most common rental property sizes in Billings, MO are 2-bedroom and 3-bedroom, accounting for 54.6% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $400 | $733 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $400 | $400 |
| 2 Bed Rent | $400 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Billings, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Billings, MO is 62. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $472,000 | 9.0% |
Listing Count | 36 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 62 | 15.0% |
Demographics — Billings, MO
As of the latest ACS Survey released in 2023, Billings, MO has a population of 5,480, which has increased by 10.9% over the past 5 years. Billings, MO is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,480 | 10.9% |
% Under 18 | 24.5% | 5.6% |
% Seniors | 16.7% | -16.1% |
% WFH | 7.1% | 36.5% |
% w/ College Degree | 23.6% | 18.0% |
As of the latest ACS Survey released in 2023, Billings, MO is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Billings, MO is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.4% of the population in Billings, MO, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.9% | 0.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.2% | -61.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -75.0% |
Mortgage and Risk — Billings, MO
According to HUD data as of 2023, there were 76 mortgage originations in Billings, MO, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Billings, MO. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Billings, MO
Billings, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $400 | $730 |
| 2 Bedroom | $520 | $400 | $920 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Billings, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $332,000 |
| Median Household Income | $70,700 |