Medicine Lake, Billings, MT
Medicine Lake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Medicine Lake, Billings, Montana. Explore the cited sources and local facts below while agent underwriting continues.
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Medicine Lake Neighborhood Overview
Overview
Medicine Lake is a well-established residential neighborhood in northwest Billings, Montana, situated north of the Rimrocks and west of North 27th Street. The area is characterized by its quiet, family-friendly streets and its namesake, the scenic Medicine Lake Park. It offers a suburban feel with convenient access to the city's major retail corridors.
Character & Lifestyle
Medicine Lake provides a classic, relaxed suburban lifestyle with a strong sense of community. The neighborhood is primarily composed of single-family homes on spacious lots, attracting families, professionals, and long-term residents. Its location away from heavy traffic ensures a peaceful, safe environment.
Housing
The housing stock in Medicine Lake consists largely of mid-century and late 20th-century ranch-style homes, split-levels, and traditional two-story houses. Many properties feature mature trees and well-maintained yards. The neighborhood is known for its stability and is a sought-after area for homebuyers in the Billings market.
Getting Around
Major thoroughfares like North 27th Street and Grand Avenue are easily accessible, providing quick routes to Downtown Billings and Billings Logan International Airport. Residents primarily rely on personal vehicles, but the grid-like street layout makes navigation simple within the neighborhood itself.
Dining & Shopping
Residents enjoy proximity to the retail hubs along King Avenue West and Shiloh Crossing, which feature stores like Albertsons, Target, and numerous restaurants. Local favorites nearby include the Burger Dive on Grand Avenue and the 406 Kitchen and Taproom, offering diverse dining options just minutes from home.
Parks & Recreation
The centerpiece is Medicine Lake Park, a serene 7-acre park with a fishing lake, walking paths, playgrounds, and picnic areas. The neighborhood is also close to the expansive Norm's Island and Riverfront Park trail system along the Yellowstone River, providing extensive outdoor recreation.
Medicine Lake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $88K |
| Median Gross Rent | $800/mo |
| Median Household Income | $43K |
| Homeownership Rate | 72.4% |
| Renter-Occupied | 27.6% |
| Rental Vacancy Rate | 14.0% |
| Market Type | Buyer's |
| Primary ZIP Code | 59247 |
Top Real Estate Agents in Medicine Lake, Billings
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Medicine Lake, Billings, MT. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Montana Board of Realty Regulation — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15