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 Trends in Laurel, MT
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.
Median Sale Price
$325,000
Median Single Family Sale Price
$83,000
Median Townhouse Sale Price
$325,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
9
Last 12 months Home Sales
28
Median List Price
$175,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%