5 Memory Ln, Billings, MT 59101
OFF MARKET

5 Memory Ln
Billings, MT 59101

Lockwood
  • Studio

$187,200

Trulia Estimate
as of Aug 16, 2026

$187,200

Trulia Estimate
as of Aug 16, 2026
Studio

Home Value

Trulia Estimate
$187K
Since last month
Decreased$11K (-5.5%)
Since last year
Increased$29K (+18.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +32% in the last 10 years
MonthEstimated value
2026
August 2026$187K
July 2026$197K
June 2026$198K
May 2026$195K
April 2026$197K
March 2026$173K
February 2026$245K
2025
2024
2023
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Single-Family Home
-
12/15/25
5
2
2,864
0.41
Single-Family Home
-
09/29/25
-
-
0.48
Single-Family Home
-
05/11/26
4
3
2,440
0.08
Unknown
-
10/10/25
-
-
0.43
Single-Family Home
-
09/15/25
2
1
864
0.73
Unknown
$99,999
08/29/25
-
-
0.79
Unknown
$59,500
08/29/25
-
-
1.68
Single-Family Home
-
01/07/26
4
1
1,274
1.27
Single-Family Home
-
06/25/26
4
2
1,216
1.77
Single-Family Home
-
07/02/26
4
2
1,760

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$252,500
1
1
1,080
For Sale
0.26
$649,900
-
-
-
For Sale
0.29
$419,900
5
2
2,068
For Sale
0.44
$48,000
3
2
1,216
For Sale
0.45
$75,000
3
2
1,020
For Sale
0.43
-
2
1
864
Off Market
0.42
$535,788
-
-
-
For Sale
0.50
$269,200
-
-
-
For Sale
0.56
$28,000
3
2
938
For Sale
0.56
$62,000
3
2
1,216
For Sale
0.56
$59,000
2
1
960
For Sale
0.62
$55,000
2
2
1,120
For Sale

Local Information

  • Map ViewExplore the area around 5 Memory Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 5 Memory Ln, Billings, MT. 5 Memory Ln is in the Lockwood neighborhood in Billings, MT and in ZIP code 59101. This property has a lot size of 10541 sqft.
5 Memory Ln, Billings, MT 59101 is a studio single-family home in Lockwood. It is currently off market. The Trulia Estimate is $187,200, with a rent estimate of $1,479/month.

Home Details for 5 Memory Ln

Exterior Features

Exterior Home Features
Roof: Other

Property Information

Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10541 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$42
$45,397
Home facts updated by county records

Market trends in Billings

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$377K
$1.48K
MoM
Sale-to-List Price
99.8%
0.4%
MoM
Price per sq ft
$184
$3
MoM
Available listings
709
52
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lockwood

At least 17 Trulia users voted on each feature.
  • 96 % Say car is needed

  • 94 % Say parking is easy

  • 91 % Say yards are well-kept

  • 90 % Say there's wildlife

  • 85 % Say kids play outside

  • 79 % Say it's dog friendly

  • 73 % Say there's holiday spirit

  • 63 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 57 % Say people would walk alone at night

  • 54 % Say it's quiet

  • 45 % Say it's walkable to restaurants

  • 43 % Say it's walkable to grocery stores

  • 32 % Say there are sidewalks

  • 25 % Say streets are well-lit

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Janine P.
    "I’ve live here in Lockwood since 1988 and have had great neighbors. We love the scenery here and enjoy the many parks in Billings,"
  • Big S.
    "Everyone has a dog!! And you always see people walking them or driving around with them! Haven’t meet an unfriendly dog yet!! "
  • Cmalenowsky
    "Our neighborhood is quite and neighbors are friendly!! There are people that walk their dogs at night around the block. "
  • Cmalenowsky
    "I have lived in this neighborhood for 17 years!! The people are great and would help you any time you need!"
  • Cmalenowsky
    "I lived in this neighborhood for 17 years and the neighbors are amazing! My kids grew up and went to school and are on their own now!! House is ready for another family to make memories in!!!"
  • jayfapaway
    "This is such a quiet, nice place to live. I would recommend it to anyone."

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Apartments for Rent

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Homes for sale near 5 Memory Ln

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Off Market Homes Near 5 Memory Ln

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Frequently asked questions about 5 Memory Ln

  • What is 5 Memory Ln estimated to be worth?
    Trulia's estimated value for 5 Memory Ln in Billings, MT is $187,200.
  • Is Billings a buyer's or seller's market?
    Billings is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Billings?
    The median sale price in Billings is $377K. That is up $1.48K from the prior month.
  • What do residents say about the Lockwood neighborhood?
    Residents describe the Lockwood neighborhood in Billings, MT as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Lockwood, Billings.
  • How big is the lot at 5 Memory Ln?
    The lot at 5 Memory Ln in Billings, MT is about 0.24 acres (10,541 sq ft).