Nye, Montana.
Typical home $562,652 (+18.8% in a year). Billings, MT metro.
to buy the typical home at today's mortgage rate — +$1,935 (+190%) since Jan 2020.
- 1 year
- Up $88,939 +19%
- $473,713$562,652 since Sep 2025
- 5 years
- Up $173,174 +44%
- $389,478$562,652 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Nye$2,953
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Nye, MT rose 18.8% over the past year — faster than the nation's +1.2%.
Living in Nye, Stillwater County, Montana
Nye, in Stillwater County, had 38 people in the 2020 census. Unemployment in Stillwater County was 2.8% in August 2026, and the county had 13.8% fewer jobs in 2025 than the year before. The most people in Stillwater County work in farming, then schools and health care.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Nye is a very small community in Stillwater County, Montana, where people tend to know one another. Winters are cold and snowy, with December the coldest month, while summers are warm, with August the warmest. Rain and melted snow together come to a modest yearly total compared with wetter parts of the country.
Work. Many residents work in farming, forestry and mining, or in schools, hospitals and social care. Others work in professional and business services or in local shops. Jobs in Stillwater County fell over the past year, although unemployment is lower than it was a year earlier.
Things to do. Red Lodge Mountain Resort, a ski area, is a longer drive away, and the Absaroka-Beartooth Wilderness, a protected area, is also a longer drive away. The Stillwater River, a river, is another option for a day out, also a longer drive away.
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What people in Stillwater County work in
Employed residents by industry, from the Census survey. Stillwater County had 2,931 jobs in 2025, 13.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 38° and lows near 19°; warmest in August, with highs near 83° and lows near 47°. About 70 inches of snow and 18 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Nye #2 weather station, under a mile away (NOAA).
Largest workplaces in Stillwater County
- Stillwater Mining Company Base Metals SmelterPlatinum refining, primary71
- Columbus Elem SchoolsSchool district58FTE
- Stillwater Billings ClinicCritical access hospital42FTE
- Park City Elem SchoolsSchool district36FTE
- Columbus H S SchoolsSchool district35FTE
- Stillwater Mining Company Analytical LaboratoryMetallurgical testing laboratories or services28
- Absarokee Elem SchoolsSchool district25FTE
- Stillwater Mining Company Base Metals RefineryPlatinum refining, primary24
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 223 people in all across the county; Nye has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- WildfireRelatively high
- Winter weatherRelatively high
- LightningRelatively high
- Cold wavesRelatively high
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Nye’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Stillwater County and the Billings, MT metro.
Nye home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Nye$562,652
- Montana$467,275
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Nye7
Zip codes with a Nye address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Nye — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.