Explore Laurel
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Why Live in Laurel
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.
Home Prices in Laurel, MT
The median home sale price in Laurel, MT is $262,500, down 39% year-over-year. Homes in Laurel sell in 27 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$262,500
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Median Single Family Sale Price
$321,000
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Median Townhouse Sale Price
$425,000
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Median 2 Bedroom Sale Price
$259,900
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Average Price Per Sq Ft
$186
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Number of Homes for Sale
34
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Last 12 months Home Sales
4
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Months of Supply
102.00
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Median List Price
$356,950
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Median Change From 1st List Price
12%
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Median Home Sale Price YoY Change
-39%
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