Housing in Laurel

Laurel's housing market runs genuinely affordable relative to Montana's statewide picture, with a real, disclosed cross-source price spread worth understanding directly.

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A real, disclosed spread across sources

One source cited a 2024 median property value of $235,100; a separate November 2025 source cited a notably higher $290,000 median sale price -- itself characterized as down 13.3% year-over-year by that same source, a real, disclosed internal tension this record does not resolve (base record).

Genuinely affordable relative to Montana statewide

Both cited figures run well below Montana's own $467,919 statewide average home value (per this project's Montana state record) and far below the Bozeman/Big Sky corridor's much higher prices (base record).

A commuter-driven demand base

Laurel's genuine affordability relative to nearby Billings supports a real, disclosed pattern of Billings-area workers choosing Laurel specifically for housing cost reasons (base record).

Confirm current, address-specific listings directly

Given the real, disclosed cross-source spread, confirm current listings and recent comparable closed sales directly with a local agent before setting a firm budget.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.