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Lockwood, MT real estate

Compare top Lockwood real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lockwood real estate Market Report.

Information and statistics on the latest trends in the Lockwood real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$420K
-24% from Q1 '26
Median list price
$407K
+4.3% from Q1 '26
Active listings
28
+17% from Q1 '26
Homes sold
9
+13% from Q1 '26
New pendings
18
+64% from Q1 '26
New listings
18
+64% from Q1 '26

Quarterly Pricing Trends for Lockwood

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Lockwood Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $290K Median sale price in Jul 2021 - Sep 2021: $325K Median sale price in Oct 2021 - Dec 2021: $425K Median sale price in Jan 2022 - Mar 2022: $375K Median sale price in Apr 2022 - Jun 2022: $450K Median sale price in Jul 2022 - Sep 2022: $465K Median sale price in Oct 2022 - Dec 2022: $313K Median sale price in Jan 2023 - Mar 2023: $479K Median sale price in Apr 2023 - Jun 2023: $387K Median sale price in Jul 2023 - Sep 2023: $428K Median sale price in Oct 2023 - Dec 2023: $320K Median sale price in Jan 2024 - Mar 2024: $337K Median sale price in Apr 2024 - Jun 2024: $345K Median sale price in Jul 2024 - Sep 2024: $372K Median sale price in Oct 2024 - Dec 2024: $354K Median sale price in Jan 2025 - Mar 2025: $320K Median sale price in Apr 2025 - Jun 2025: $396K Median sale price in Jul 2025 - Sep 2025: $465K Median sale price in Oct 2025 - Dec 2025: $357K Median sale price in Jan 2026 - Mar 2026: $555K Median list price in Apr 2021 - Jun 2021: $310K Median list price in Jul 2021 - Sep 2021: $400K Median list price in Oct 2021 - Dec 2021: $382K Median list price in Jan 2022 - Mar 2022: $442K Median list price in Apr 2022 - Jun 2022: $471K Median list price in Jul 2022 - Sep 2022: $325K Median list price in Oct 2022 - Dec 2022: $472K Median list price in Jan 2023 - Mar 2023: $387K Median list price in Apr 2023 - Jun 2023: $395K Median list price in Jul 2023 - Sep 2023: $365K Median list price in Oct 2023 - Dec 2023: $385K Median list price in Jan 2024 - Mar 2024: $327K Median list price in Apr 2024 - Jun 2024: $450K Median list price in Jul 2024 - Sep 2024: $400K Median list price in Oct 2024 - Dec 2024: $347K Median list price in Jan 2025 - Mar 2025: $429K Median list price in Apr 2025 - Jun 2025: $350K Median list price in Jul 2025 - Sep 2025: $420K Median list price in Oct 2025 - Dec 2025: $463K Median list price in Jan 2026 - Mar 2026: $390K Apr 2021 - Jun 2021 Median sale price $290K Median list price $310K Jul 2021 - Sep 2021 Median sale price $325K Median list price $400K Oct 2021 - Dec 2021 Median sale price $425K Median list price $382K Jan 2022 - Mar 2022 Median sale price $375K Median list price $442K Apr 2022 - Jun 2022 Median sale price $450K Median list price $471K Jul 2022 - Sep 2022 Median sale price $465K Median list price $325K Oct 2022 - Dec 2022 Median sale price $313K Median list price $472K Jan 2023 - Mar 2023 Median sale price $479K Median list price $387K Apr 2023 - Jun 2023 Median sale price $387K Median list price $395K Jul 2023 - Sep 2023 Median sale price $428K Median list price $365K Oct 2023 - Dec 2023 Median sale price $320K Median list price $385K Jan 2024 - Mar 2024 Median sale price $337K Median list price $327K Apr 2024 - Jun 2024 Median sale price $345K Median list price $450K Jul 2024 - Sep 2024 Median sale price $372K Median list price $400K Oct 2024 - Dec 2024 Median sale price $354K Median list price $347K Jan 2025 - Mar 2025 Median sale price $320K Median list price $429K Apr 2025 - Jun 2025 Median sale price $396K Median list price $350K Jul 2025 - Sep 2025 Median sale price $465K Median list price $420K Oct 2025 - Dec 2025 Median sale price $357K Median list price $463K Jan 2026 - Mar 2026 Median sale price $555K Median list price $390K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
16
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Lockwood is currently tilted toward sellers, with the market gauge signaling a seller’s market even though conditions have mixed signals. Inventory has risen to 28 active listings and about 6.5 months of supply in this rolling three-month view, which gives buyers more options than in tighter years.

Prices show moderate upward movement over the past year, with the typical home value up about 5 percent year over year. At the same time, homes are taking a median of 47 days to sell, and virtually none are closing above list price, suggesting buyers still have some negotiating room.

Activity has picked up notably compared with a year ago, as homes sold are up more than 30 percent and pending sales have surged by well over 100 percent year over year. With new listings also higher than last year, both buyers and sellers can benefit from strong turnover, and Agent Pronto can help them connect with a local agent who understands these dynamics.



Learn more about what Lockwood has to offer.

Lockwood offers residents a close-knit community, abundant outdoor recreation, solid schools, and a welcoming, growing local economy.

Lockwood offers a practical blend of suburban space and easy access to nearby Billings, making it attractive to commuters, growing households, and long‑time residents alike. With direct connections along Interstate 90, residents can reach major employers, healthcare, and shopping in minutes while enjoying roomier neighborhoods and a less congested pace at home.

Day to day, life in Lockwood revolves around convenient amenities and community resources. Families often anchor around Lockwood School District, which includes Lockwood High School and a modern campus with strong extracurricular programs. Outdoor time is easy to find at Canyon Creek Battlefield Monument and along the Yellowstone River Parks Association access points, where locals fish, float, or walk the trails. For dining and errands, residents rely on nearby centers along Highway 87 and quick trips into Yellowstone County hubs.

Lockwood’s appeal is as much about everyday function as scenery. Proximity to MetraPark provides concerts, rodeos, and events without a long drive, while regional medical care and shopping in Laurel and central Billings remain close at hand. For buyers, understanding subdivision covenants, school boundaries, and growth corridors can significantly affect long term value. Sellers benefit from pricing that reflects both Lockwood’s space and its commuter convenience. A knowledgeable local agent through Agent Pronto can make those details clear and reduce stress for both buyers and sellers.

Find your Lockwood real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Amber is amazing and I recommend her all the way. She so helpful and keeps you updated. Always there to help and become friends. Never a negative moment with her encouragement.”

Michaela and Joseph Conley · Libby, MT

Photo of Amber Isbell
eXp Realty LLC
“Impressive personalized communication and insight. Willingness to go the extra mile for us at every turn. Would hire again in a hearbeat.”

Mary Peterson · Kalispell, MT

Photo of Carli Yarde
NorthScapes Realty
“Brooke was extremely knowledgeable of the area we were interested in despite us looking in both Montana and Idaho. She was able to explain and answer all our questions that we had in a timely fashion and took the time to make sure we understood every part of the process of buying a home! She was a pleasure to work with and will definitely be giving her call when we're ready to sell or buy again!”

Alison · Clark Fork, ID

Photo of Brooke Stevens
Century 21 RiverStone
“Nathan was very helpful in finding me a house I liked. He was very patient and knowledgable in all aspects of his job. He is pleasure to work with. You can't go wrong if you pick him to be your realtor.”

Racheal Zeiler · Hamilton, MT

Photo of Nathan Bafundi
Windermere Real Estate-Missoula
“The amount of gratitude we have for Cari is beyond words. As first time homebuyers this was a huge feet to accomplish and Cari made sure to keep us informed, connected, and confident every step of the way. Our journey began somewhat rocky with our first lender and prospective house, but Cari provided us with an amazing contact at Stockman Bank and THE BEST INSPECTOR, at Tightline home inspections. We were house hunting a little out of town and Cari showed up for us in every way. From the inspection walk throughs, to the spam text messages I sent her throughout the day, she was absolutely amazing. We will recommend Cari time and time again. She truly puts every ounce of heart into her clients!”

Chelsea Gonzalez · Ryegate, MT

Photo of Cari Baxter
The Real Estate Hub
“Stephanie is a rockstar! We could not be more happy with our experience finding our first home using Stephanie as our agent. She went above and beyond to help make this a success experience for us. She helped us find a lender, roofer, insurance, etc. We just moved to FL and didn’t know anybody and she worked so closely with us to make sure we were comfortable with every step in the process. She’s extremely responsive, a problem solver and the most lovely, kind person you could ever hope to work with. We are so grateful for everything she did for us and we absolutely love our new home!”

Lindsey · Sarasota, FL

Photo of Stephanie Edgerly
EXP Realty, LLC
“Eric was very diligent about keeping me informed on the sales and listings, interested parties/agents and comments made about the property. He was very helpful and offered expert advise when needed! I felt well represented and professionally taken care of.”

Michelle McDowell · Whitefish, MT

Photo of Eric Perlstein
Keller Williams Realty Northwest Montana
“Merlin is young and ambitious. He worked hard and was detailed and considerate knowing my needs and wants for a replacement house under a total loss insurance claim.”

Todd Ryder · Billings, MT

Photo of Merlin Lipin
Engel & Völkers Billings
“Being a first time home buyer comes with a lot of questions and uncertainty. Alexis was very knowledgeable and eased all of the uncertainties that came along throughout the process. She went above and beyond making sure we were comfortable and confident with all of the decisions we made along the way. We are thrilled with the outcome and can't wait to work with Alexis in the future!”

Halle Redding · Billings, MT

Photo of Alexis Bidlake
Century 21 Hometown brokers
“Gene was great to work with. Went above and beyond when it came to all aspects throughout of the home buying process. Very knowledgeable and easy to work with. Would recommend him to anyone selling or buying a home. Thanks Gene”

Nicholas Siegel · Billings, MT

Photo of Gene Hauck
Engel & Völkers Engel & Voelkers - Billings
“Keith is a joy to work with; he is prompt, concerned, knowledgeable and caring. This was difficult as we were doing this for our daughter who lives in Europe. Keith made it so much easier. He is great and professional to work with but has that understanding of Montana values we love so much.”

Christel V. · Great Falls, MT

Photo of Keith Smith
Dustin young and company
“Jocelyn DeHart was an AMAZING fit. She was caring, compassionate and very knowledgeable in every detail.”

Jan A. · Butte, MT

Photo of DeHart Home Hunters
Venture West Realty
“Tracey is very professional and competent. She follows through and got the job done. Her staff were also excellent and easy to work with.”

Larry M K. · Lacey, WA

Photo of Tracey Hall
Ideal Real Estate | Montana Legacy Properties
“Agent Pronto put me in touch with Sarah Bauer from Big Sky Brokers. Sarah was great to work with, she made the entire process of selling my condo easy and stress free!”

Susan C. · Helena, MT

Photo of Sarah Bauer
Big Sky Brokers LLC
“Jo was great. Took offer from first day house was on the market!”

Jody M. · Billings, MT

Photo of Jo Colvin
Modern Montana Real Estate

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lockwood. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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