Market Overview
Home Prices in Belfry, MT
The median home value in Belfry, MT is $412,307 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belfry are priced1% above average. Belfry is part of the Billings, MT metro area.
Over the past five years, Belfry home values have risen by approximately35.4%, reflecting strong long-term appreciation in this market.
Price History
Belfry Home Price Trend
City Comparison
Belfry vs. National Median
At $412,307, homes in Belfry cost 1% above the national median of $410,000. Buyers in Belfry should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Belfry?
20% Down Payment
$82,461
on $412,307
Monthly P&I
$2,150/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,731/mo
incl. taxes & insurance
Income Needed
$109,240
gross annual (30% rule)
10% Down Option
$41,231
+ PMI applies
Loan Amount (20% dn)
$329,846
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Belfry, MT?
The median home value in Belfry is $412,307 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Belfry?
Over the past year, home values in Belfry have increased by 3.1%. Over five years, prices have risen approximately 35.4%.
How much do I need to earn to buy a home in Belfry?
To comfortably afford the median home price of $412,307 with a 20% down payment ($82,461) at today's rates (6.8%), you'd need a gross annual income of approximately $109,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Belfry compare to the national average home price?
The national median home value is approximately $410,000. At $412,307, homes in Belfry are 1% above the national average.
What metro area is Belfry part of?
Belfry is part of the Billings, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.