Yellowstone County, Montana Real Estate Leads

Off-market leads from Yellowstone County’s public notices and records. Pre-foreclosure leads arrive as each notice is published; tax-sale leads arrive as soon as the county publishes its tax-sale list; pre-probate leads come from public death notices, before any court filing.

  • Pre-Foreclosure
  • Tax Sale
  • Pre-Probate

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73,363Housing units
69%Owner-occupied
$318KMedian home value

Source: U.S. Census ACS 2023

Lead Types in Yellowstone County

Pre-Foreclosure

Homeowners in Yellowstone County named in a foreclosure filing who still hold the deed. This is the window before the auction, while an equity sale is still on the table. Owner and property data from public records.

Tax Sale

Owners who fell behind on their property taxes in Yellowstone County, with a tax sale now moving against the home. The clock is running before the sale is final and some still hold equity, so some look to sell first. Owner and property data from public records.

Pre-Probate

Yellowstone County's recently deceased homeowners whose estate has not yet entered probate: the period after a death and before an estate is opened. Reach the family before a probate attorney is retained and before the home is listed. Owner and property data from public records.

About Yellowstone County

Yellowstone County is located in south-central Montana along the Yellowstone River, anchored by Billings, Montana's largest city, with Billings serving as the county seat. The county’s economy is supported by Billings' role as the trade, healthcare, and energy hub for a multi-state region spanning eastern Montana, northern Wyoming, and the western Dakotas, with refining, hospital systems, and agribusiness among the leading employers. Our off-market leads from public notices and records connect you with motivated sellers across the county as each notice is published, while the owner is still deciding what to do.

Yellowstone County at a glance

Yellowstone County, Montana, is home to 167,340 people in 73,363 housing units, with the county seat in Billings. 69% of its homes are owner-occupied and the median home value is $318K.

What makes the Yellowstone County market different

  • Housing in Yellowstone County is tight: only 6% of units are vacant, against 10% nationally. Low vacancy usually means a renovated house finds a buyer or a tenant quickly.
  • Homes in Yellowstone County are newer than the national mix: 8% were built before 1940, against 12% for the U.S. Newer houses usually need less work before a resale or a rental.
  • HUD sets the fair market rent for a 3-bedroom home for the Billings, MT area at $1,983 a month, against a median home value of $318K in Yellowstone County. Set those two side by side to judge whether a buy-and-hold rental pencils out before you make an offer.
  • Permits were issued for 997 new housing units in Yellowstone County in 2025, down 32% from 2024. With less new supply coming, existing homes carry more of the market.

Yellowstone County by the numbers

MeasureYellowstone CountyU.S.Source
Population167,340U.S. Census Bureau, American Community Survey 5-year
Housing units73,363U.S. Census Bureau, American Community Survey 5-year
Homes that are owner-occupied69%U.S. Census Bureau, American Community Survey 5-year
Median home value$318KU.S. Census Bureau, American Community Survey 5-year
Housing units that are vacant6%10%U.S. Census Bureau, American Community Survey 5-year
Homes that are single-family detached66%61%U.S. Census Bureau, American Community Survey 5-year
Homes built before 19408%12%U.S. Census Bureau, American Community Survey 5-year
Residents aged 65 or older18%17%U.S. Census Bureau, American Community Survey 5-year
Owner-occupied homes with no mortgage (owned free and clear)41%39%U.S. Census Bureau, American Community Survey 5-year
Median age of residents38.738.9U.S. Census Bureau, American Community Survey 5-year
HUD Fair Market Rent, 2-bedroom, monthly (Billings, MT)$1,432HUD Fair Market Rents
HUD Fair Market Rent, 3-bedroom, monthly (Billings, MT)$1,983HUD Fair Market Rents
New housing units permitted in 2025997U.S. Census Bureau, Building Permits Survey
Change in units permitted, 2024 to 2025-32%U.S. Census Bureau, Building Permits Survey
County seatBillings

Public statistics, latest published release. None of these figures come from Keystone’s own records.

What’s Included with Every Lead

Every Yellowstone County lead starts with the public record itself. We layer in owner and property data from public records and data providers on top. The added-data fields below are as complete as what’s publicly available for that property.

From the source record

Property address
Owner full name
Case type & case number
Filing date

Added from public records & data providers

Mailing address
Phone numbers, an add-on where offered
Email address
Estimated property value
Estimated equity percentage
Motivation score
Absentee flag
Bedrooms & bathrooms
Square footage & lot size
Year built
Last sale date & price
Assessed value & land/improvement breakdown

Why Yellowstone County Is a Smart Market for Investors

Affordable Entry Points

Yellowstone County’s median home prices are well below the state average, allowing investors to acquire properties with strong rent-to-price ratios and build portfolios with modest capital requirements.

Stable Local Economy

The county’s economy is supported by Billings' role as the trade, healthcare, and energy hub for a multi-state region spanning eastern Montana, northern Wyoming, and the western Dakotas, with refining, hospital systems, and agribusiness among the leading employers. This diversified base provides consistent housing demand and reduces vacancy risk for rental investors.

MT Investment Climate

Montana is one of only a handful of states with no state sales tax of any kind, though it does levy an individual income tax, a tradeoff investors weigh against neighboring Wyoming, which has no state income tax at all.

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Pre-foreclosure, tax-sale, and pre-probate leads, matched to the owner and property. Subscribe to Yellowstone County any time.

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Nearby Montana Counties

Common Questions

Where can I find pre-foreclosure leads in Yellowstone County, Montana?

Keystone Court Data publishes pre-foreclosure leads for Yellowstone County, Montana, as each notice is published, matched to the owner and the property. There is a 7-day free trial with no credit card required at https://keystonecourtdata.com/counties/yellowstone-county-montana-real-estate-leads.

Where can I find pre-probate leads in Yellowstone County, Montana?

Pre-probate leads in Yellowstone County reach the family of a recently deceased homeowner before the estate enters probate. Each lead includes the property address and owner data. There is a 7-day free trial with no credit card required at https://keystonecourtdata.com/counties/yellowstone-county-montana-real-estate-leads.

What types of real estate leads does Keystone deliver for Yellowstone County?

For Yellowstone County, Keystone delivers pre-foreclosure, tax-sale, and pre-probate leads. Each lead includes property and owner details.

How soon do Yellowstone County leads show up?

New Yellowstone County leads are delivered as each notice is published, matched to the owner and the property.

Can more than one investor subscribe to Yellowstone County?

Yes. Yellowstone County is sold on a non-exclusive basis, so you can subscribe any time regardless of who else already has it. Your edge comes from how you work each lead, not from limiting who else can subscribe.

How much do Yellowstone County real estate leads cost on Keystone?

Yellowstone County is $39 per month. The 7-day free trial requires no credit card; you only enter payment if you continue after the trial.