$367,579Average Value$281Average Price per Sq Ft4Homes For Sale
East Billings community with easy interstate access
Lockwood’s convenient location along Interstate 90 gives it easy access to most of Billings, and a new bypass planned for completion in 2025 will connect it to the city’s northern suburbs. “In the next couple of years, Lockwood is going to be booming with new buildings and new commercial development,” says Nikki Zimmer, a broker at Metro Realtors LLP who’s sold homes here for 19 years. Today, Lockwood is a mix of industrial employers and residential areas with few retail options along Old Hardin Road. The Yellowstone River borders the neighborhood, and downtown Billings is roughly 5 miles away.
Split-level homes on spacious lots
Most of Lockwood’s residential areas are south of Interstate 90, where split-level and ranch-style houses built in the last half of the 20th century sit along narrow, sidewalk-less streets. Yards can be up to an acre, large enough to accommodate large vegetable gardens, recreational vehicle storage and backyard workshops. Prices typically range from around $250,000 to $400,000. In the neighborhood’s east, 21st-century Craftsman-inspired new traditional homes are set in hilly terrain, offering expansive views of the distant horizon. These homes rarely come on the market, though one sold for around $500,000 in late 2024. Two- and three-bedroom manufactured homes built in the 1990s can be found throughout the neighborhood; these can cost between $50,000 and $60,000.
Many of the manufactured homes in Lockwood are part of a mobile home park.
Newer homes in Lockwood have a split-level and new traditional inspired styling.
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The Global Affairs Club at Lockwood High
Local kids can attend Lockwood Schools, which share a campus in the neighborhood. Lockwood Primary serves kindergarten through Grade 2 and earns a B-minus from Niche, while Lockwood Intermediate covers Grades 3 through 5 and earns a C. Lockwood Middle also earns a C, and Lockwood High earns a C-minus. High schoolers can join the Global Affairs Club, which won first place and a trip to India at the EconoQuest Conference in 2024. There are also over 15 sports teams to choose from, including girls' flag football, which has an annual camp hosted by the NFL’s Atlanta Falcons.
An American flag waves at the entrance to Lockwood High School.
Eileen Johnson Middle School serves the students of Lockwood.
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Along Interstate 90
Interstate 90 passes through Lockwood, leading roughly 5 miles to downtown Billings; Old Hardin Road, which turns into Highway 87, offers an alternate route downtown. The Billings Bypass will connect Interstate 90 to Highway 312, so drivers won’t have to go through downtown to get to The Heights, a neighborhood just across the Yellowstone River with retail stores. With no public transportation or bike lanes, and few sidewalks, residents rely on their cars to get around the city. Intermountain Health St. Vincent Regional Hospital and Billings-Logan International Airport are both about 7 miles away.
Creative offerings at Yellowstone Coffee and Canvas
Fast food restaurants like McDonald’s and Burger King can be found near Interstate 90. There aren’t many local restaurants here, but residents can order Chinese comfort food from Jin’s Buffet or spend an afternoon at Yellowstone Coffee and Canvas, a local coffee shop that sells canvases and ceramics that can be painted on-site. Zimmer says that most people dine or shop downtown or in Billings’ west end. “But it’s easy access,” she says. “You jump on the interstate and 10 minutes later, you’re at an interstate exit.” National retailers like Target are also nearby, along with grocery stores like Lockwood IGA and Albertsons.
Grab something hot on a cold day at Yellowstone Coffee and Canvas in Lockwood.
There are several pocket parks throughout the neighborhood, including Hillner Park, with a 9-hole disc golf course, and Count Park, which has a baseball diamond. The Lion’s Lair is a playground on the Lockwood Schools' campus. Nearby, the 765-acre Four Dances Recreation Area nearby has a roughly 2-mile trail through sagebrush and ponderosa pines. “I like to take my dogs out there,” Zimmer says. “It's got good views of the city and the river down below.” The three caves at the 23-acre Pictograph Cave State Park were once home to prehistoric hunters and feature over 2,000-year-old cave paintings.
Four Dances Natural Area is part of the Lewis and Clark Historical Trail.
Lockwood children love to play in the nearby Lion's Lair Park.
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The MontanaFair at MetraPark
MetraPark, Billings’ fairgrounds that includes several event spaces, is just across the river from Lockwood. The First Interstate Arena here is the state’s biggest indoor concert venue, hosting major acts like REO Speedwagon and Hank Williams Jr. The MontanaFair each August draws huge crowds to MetraPark for nine days of agriculture competitions, fair rides and carnival games.
Some areas at high risk for flooding
Some areas of Lockwood are in a Special Flood Hazard Area and are at high risk of flooding. Homeowners here may have to purchase flood insurance. The last floods to affect the neighborhood were in 2022. Proximity to undeveloped areas also puts the neighborhood at high risk for wildfire, though residents are more likely to experience reduced air quality from nearby fires than any direct effects. The Lockwood Fire District serves the area, employing 17 firefighters.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Hannah Reno,
an experienced agent in this neighborhood.
Lockwood Demographics and Home Trends
On average, homes in Lockwood, Billings sell after 72 days on the market compared to the national average of 70 days. The median sale price for homes in Lockwood, Billings over the last 12 months is $338,700, up 8% from the median home sale price over the previous 12 months.
Welcome to 90 Sunlight Circle, a beautifully enriched ranch-style home nestled in the quiet Lockwood neighborhood of Billings, MT. Built in 2006, this spacious residence features 5 bedrooms, 3 bathrooms and over 3,600 square feet of comfortable living space. This property offers both room to relax, expansive space for entertaining, hosting events, or many activities at once. The finished basement
Welcome to this charming 3-bedroom, 2-bath home nestled in the desirable Hillside community. Thoughtfully designed with an open concept layout, this home feels both spacious and inviting from the moment you come in. The kitchen, dining, and living areas flow seamlessly—perfect for entertaining or cozy nights in.The primary suite offers a peaceful retreat, complete with its own ensuite
One month FREE LOT RENT with purchase! Welcome to this charming 3-bedroom, 2-bath home in Hillside Village! Designed for comfort and functionality, this home features a spacious open-concept kitchen and dining area—perfect for everyday living and entertaining. You'll love the generous counter space and included appliances like the gas range, refrigerator, and dishwasher.The primary suite
Like a Ray of Sunshine in Lockwood!This adorable 3-bedroom, 2-bath home in the coveted Hillside community is bursting with charm and natural light. From the moment you walk in, you’ll feel right at home in the warm, inviting spaces. The layout is thoughtfully designed with a private laundry area for added convenience. Step out back and take in the peaceful views—this home backs up to open
Interested in learning more about homes in this area?
Reach out to
Hannah Reno,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
6,999
Median Age
40
Population Density
1 person/acre
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
17.7%
On par with the national average
19.1%
Finances
Median Household Income
$77,775
Above the national average
$71,702
Average Household Income
$88,775
Education and Workforce
High School Graduates
91.9%
College Graduates
20.2%
Below the national average
34.1%
Advanced Degrees
3.4%
Below the national average
13.3%
% Population in Labor Force
69.9%
Weather
Annual Precipitation
15''
Average Winter Low Temperature
17°F
Average Summer High Temperature
87°F
Annual Snowfall
44''
Area Factors
Somewhat Bikeable
Bike Score®
30/ 100
Car-Dependent
Walk Score®
11/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
