$638,000
12 3rd Ave, Laurel, MT 59044
Brandon Treese Berkshire Hathaway HS Floberg
$638,000
12 3rd Ave, Laurel, MT 59044
Brandon Treese Berkshire Hathaway HS Floberg
$699,000
802-816 Date Ave, Laurel, MT 59044
Trevor Madden Madden Real Estate, LLC
Laurel, MT, is a growing residential city situated north of the Yellowstone River, approximately 20 miles from Billings. Known for its small-town feel, Laurel features a single high school, fostering a close-knit community. The city has a rich history, transitioning from a wheat farming community in the 1880s to a significant railroad terminal in the 1910s, and later adding an oil refinery in the late 1920s. Housing options in Laurel include century-old Minimal Traditional homes, ranch-style properties, and various multistory single-family houses, some of which are horse-friendly and span over 20 acres. Main Street, part of the Laurel Downtown Historic District, hosts local businesses like Blessed Beginnings antique store and The Yogurt Shop, while the Pelican Cafe and High Plains Brewing offer dining and entertainment options. National chains such as Albertsons, Tractor Supply Company, and Walmart Supercenter are also present. Outdoor attractions include the Sundance Lodge Recreation Area on the Yellowstone River, which offers equestrian paths, hunting areas, and inner tube floats. Kiwanis Park, Nutting Park, and Thompson Park provide open spaces, playgrounds, and baseball fields, with Thompson Park featuring a splash park and hosting annual Independence Day fireworks. The Laurel Golf Club is an 18-hole course requiring membership. Laurel Public Schools serve the community, with Laurel High School maintaining a high rating. Interstate 90 connects Laurel to Billings and other destinations, including the Billings-Logan International Airport, Red Lodge, and Yellowstone National Park.
On average, homes in Laurel, MT sell after 107 days on the market compared to the national average of 70 days. The median sale price for homes in Laurel, MT over the last 12 months is $325,000, down 2% from the median home sale price over the previous 12 months.
In Laurel, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $638,000 to $699,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Laurel is $179,000, while the average sale price is $376,489, offering insights into the local housing market. On average, multi-family homes spend 107 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Laurel, MT.