Is Laurel, MT 59044 a buyer’s or seller’s market?
Laurel is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Laurel housing market right now
In the three months ending August 31, 2026, 0% of homes in Laurel, MT 59044 sold above their list price, the typical home went under contract in 56 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 38 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (67 days then) and the median sale price fell 23% to $344,851. Overall, Laurel is more competitive than a year ago, so tougher for buyers.
Within Yellowstone County, homes here sell faster than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 59044
Nearby markets
Acton 59002Seller’s market $93 /sq ftBallantine 59006Seller’s market $358 /sq ftBillings 59101Seller’s market $214 /sq ftBillings 59102Seller’s market $175 /sq ft Browse all markets →Towns like Laurel nearby
Find towns like Laurel in other states →Where Laurel is
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Questions about Laurel real estate
Is Laurel a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Laurel, MT 59044 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Laurel?
The typical home went under contract in 56 days in the latest three months.
Do homes in Laurel sell over asking?
0% of homes sold above their original list price.
What are property taxes in Laurel?
About 0.81% of a home’s value a year in Yellowstone County, or roughly $3,240 on a $400,000 home.
What is the median home price in Laurel?
The median sale price was $344,851 in the three months ending August 31, 2026, about $231 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology