Why Live in Lockwood
Lockwood, a neighborhood in Billings, features a variety of home styles, including split-level and ranch-style houses from the late 20th century, as well as newer Craftsman-inspired homes on hilly terrain. The area is characterized by large yards, some up to an acre, suitable for gardens, RV storage, and workshops. Lockwood offers several pocket parks, such as Hillner Park with a disc golf course and Count Park with a baseball diamond. The nearby Four Dances Recreation Area provides a 2-mile trail with scenic views, while Pictograph Cave State Park showcases ancient cave paintings. Dining options are limited to fast food and a few local spots like Jin’s Buffet and Yellowstone Coffee and Canvas, but downtown Billings is easily accessible via Interstate 90, just 5 miles away. MetraPark, across the river, hosts major events and concerts, including the annual MontanaFair. The neighborhood lacks public transportation, bike lanes, and sidewalks, making cars essential for getting around. Lockwood Schools serve the local children, though they have mixed ratings. The area is safer than the national average, contributing to its appeal for families.
Home Trends in Lockwood, MT
On average, homes in Lockwood, Billings sell after 64 days on the market compared to the national average of 51 days. The median sale price for homes in Lockwood, Billings over the last 12 months is $280,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$280,000
Median Single Family Sale Price
$84,950
Average Price Per Sq Ft
$142
Number of Homes for Sale
39
Last 12 months Home Sales
73
Median List Price
$187,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-10%