Reed Point, Montana.
Typical home $541,309 (+10.0% in a year). Billings, MT metro.
to buy the typical home at today's mortgage rate — +$1,913 (+206%) since Jan 2020.
- 1 year
- Up $49,094 +10%
- $492,215$541,309 since Sep 2025
- 5 years
- Up $177,899 +49%
- $363,410$541,309 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.
- Reed Point$2,841
- 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 Reed Point, MT rose 10.0% over the past year — faster than the nation's +1.2%.
Living in Reed Point, Stillwater County, Montana
Reed Point, in Stillwater County, had 177 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 Sonnet 5.5 wrote this on 23 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 It can be wrong or out of date.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. Reed Point is a very small community in Stillwater County, Montana, where everyone is likely to know a good many of their neighbors. Homes here are valued well above what the low incomes of many households might suggest, and fewer adults hold a four-year degree than in much of the country. Winters are cold and snowy, with December the coldest month, and summers turn warm in July, while the year brings only modest rain and melted snow.
Work. Residents work mostly in farming, forestry and mining, with many others in schools, hospitals and social care, professional and business services, and shops. Across Stillwater County, the largest workplaces include the Stillwater Mining Company Base Metals Smelter, the Columbus Elem Schools district and Stillwater Billings Clinic. Jobs across the county have fallen noticeably compared with the year before, and unemployment there has eased slightly since last year.
Things to do. The outdoors is the main draw, and each of these is a longer drive away. The Stillwater River and the Boulder River are rivers for anyone who likes to be near moving water. Greycliff Prairie Dog Town State Park is a protected area, and Hailstone National Wildlife Refuge is another, both worth the drive for a quiet look at open country.
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- 17%of adults have a degree
- 9%below the poverty line
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 37° and lows near 11°; warmest in July, with highs near 85° and lows near 50°. About 48 inches of snow and 16 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Columbus weather station, 14 miles 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; Reed Point 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
- LightningVery high
- Winter weatherRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- WildfireRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Reed Point’s census tracts, against the rest of the country; all of them together, relatively moderate. 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.
Reed Point home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Reed Point$541,309
- 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.
- Reed Point10
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Reed Point address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Reed Point — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.