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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 November 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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$355K
+1.4% from Q2 '26
Median list price
$361K
-3.6% from Q2 '26
Active listings
36
+13% from Q2 '26
Homes sold
19
+46% from Q2 '26
New pendings
25
+25% from Q2 '26
New listings
18
-5.3% from Q2 '26

Quarterly Pricing Trends for Lockwood

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

Quarterly Pricing Trends for Lockwood Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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 sale price in Apr 2026 - Jun 2026: $350K Median sale price in Jul 2026 - Sep 2026: $355K 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: $359K Median list price in Apr 2026 - Jun 2026: $375K Median list price in Jul 2026 - Sep 2026: $361K 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 $359K Apr 2026 - Jun 2026 Median sale price $350K Median list price $375K Jul 2026 - Sep 2026 Median sale price $355K Median list price $361K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
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 (Jul 2026 - Sep 2026).

Lockwood currently leans toward sellers, with the market gauge indicating a clear seller’s market. Tight conditions are reflected in just 2.7 months of supply in this rolling three-month view, down sharply from a year ago, even as inventory has inched up to 36 active listings.

Prices have adjusted over the past year, with the typical home value in the latest three-month period down notably from last September. At the same time, buyers are seeing more movement, as homes are selling faster than a year ago, with median days on market dropping from 92 to 63.

Demand has strengthened, with homes sold up nearly 29 percent year over year and pending sales almost doubling over the same rolling three-month span. With new listings also higher than last year but still getting absorbed quickly, both buyers and sellers can benefit from working with Agent Pronto to find an agent who understands these shifting 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.

“I went online to pick a realtor, and Damian was the first person to call me back. I cannot say enough how much I appreciated the patience that he had with me. He knew my condo would be a flip and he told me that he had some low ball offers and he got me the best price. Selling a house can be very stressful and believe me, I'm high strung enough as it is, but Damian was able to calm me down when I needed it.”

Traci Wiest · Billings, MT

Photo of Damian Forrester
eXp Realty LLC - Forrester Group Real Estate
“Gene is absolutely the best in town. His knowledge of all the areas is top notch. He’s great at communicating and carries himself with nothing but professionalism. Working with Gene made the process so easy and stress free. Gene has got you for whatever you need!”

Charles Masten ·

Photo of Gene Hauck
Engel & Völkers The Morales Group at Engel & Voelkers - Billings
“Katie was so professional and very personable. She was always willing to help us and show us the houses we wanted to see (we toured a LOT of houses!). We told her what we were looking for and she advised us of any issues with the area or with some concerns that we wouldn't have even thought of. We had so many questions and she always had an answer. We HIGHLY recommend Katie! We have told all our friends and family how AMAZING she is!”

aresegypt ·

Photo of Katie Klaus
Meridian Real Estate
“There are some people in life who are more than just professionals—they're people you trust with some of life's biggest moments. That's exactly who Adarie is to our family. Growing up together and going to middle and High school as friends, I always knew she had a kind heart. Getting to watch Adarie help my husband and me purchase our very first home made me realize just how incredible she truly is—not only as a realtor, but as a person. Moving from Cody, Wyoming to Laurel, Montana was a huge change for us, and buying our first home felt exciting, overwhelming, and a little scary all at the same time. Through every step of the process, she was right there beside us. No question was ever too small or too silly. Adarie always took the time to explain everything in a way we understood, and if she didn't know an answer immediately, she went above and beyond to find it for us. We never felt alone, confused, or like we were "just another client." She genuinely cared about making sure we felt confident every step of the way. What touched my heart the most is that her care didn't stop the day we closed. She surprised us with such a thoughtful housewarming gift, and it was a beautiful reminder that this wasn't just another transaction to her. She truly celebrates these milestones with the families she helps. Buying your first home is something you'll remember forever, and because of her, ours is filled with wonderful memories instead of stress. We are so incredibly grateful for her patience, kindness, honesty, and dedication. She made one of the biggest moments of our lives feel exciting, supported, and full of hope. Thank you from the bottom of our hearts for helping us start this new chapter. We will forever be grateful for everything you did for our family. If you're looking for someone who genuinely cares about her clients and will go above and beyond every single step of the way, I can't recommend Adarie enough.”

KeeAwna Jamgochian ·

Photo of Adarie Baxter
Real Broker, LLC
“I can't say enough good things about Merlin. He was professional, knowledgeable, and always available to answer any of my concerns I had throughout the process. Merlin went above and beyond to make sure everything went smoothly and worked tirelessly to help me find and secure my new home. His dedication, communication, and commitment made the entire experience much easier and less stressful. I highly recommend Merlin for anybody that is looking for a home and expects nothing but the best from their realtor. He is a breath of fresh air when dealing with him. You'll definitely be impressed.”

genoseals8 ·

Photo of Merlin Lipin
Engel & Völkers Billings
“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
“Jenny recently helped me in the sale of my house. She was able to make the process go smoothly. If you are considering buying or selling a home, I would recommend that you let Jenny find it 4 U!!!”

lisastevens6464 ·

Photo of Jennifer Christenot
Fathom Realty Group
“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
“Ken was very thoughtful and precise with his approach to selling our home. Super Knowledgeable with good communication skills yes I would use Ken for all my realtor needs”

zuser20161003190409272 ·

Photo of Ken Mucha
Keystone REgroup @ RE Hub
“Hannah was amazing to work with! We appreciated her attention to detail and quick responses. We are out of town buyers and she was able to accommodate all of our needs despite us not being there.”

qkcrmpvck8 ·

Photo of Hannah Reno
Keller Williams Yellowstone Properties
“Ken was wonderful to work with. We worked with Ken purchasing two homes and selling one. I would and have recommended him to many friends. I plan on purchasing another home with Ken’s help. Thanks Ken”

drossos fict ·

Photo of Ken Mucha
High Desert Realty
“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
“Kelly helped us with a purchase when we moved to Billings in 2019. She has a lot of knowledge about the area and was quick to answer all of our questions. She also hung in there when we were outbid a few times, bringing us new listings that were what we were looking for as soon as they hit the market.”

miryan1 ·

Photo of Kelly Bohnet-Erickson
Black Horse Realty

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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