Walter died on January 7, 1857 in Parma, Monroe, New York aged 72.
Sources
"United States Census, 1850," database with images, FamilySearch (https://familysearch.org/pal:/MM9.1.1/MCBM-YSN : 9 November 2014), Walter Billings, Clarkson, Monroe, New York, United States; citing family 795, NARA microfilm publication M432 (Washington, D.C.: National Archives and Records Administration, n.d.).
"Iowa, County Marriages, 1838-1934", database, FamilySearch (https://familysearch.org/pal:/MM9.1.1/KC4M-QQT : 8 March 2016), Walter Billings in entry for Martin V. Billings and Naomi A. Collins, 1883.
Source: S463720722 Ancestry Family Trees Publication: Online publication - Provo, UT, USA: Ancestry.com. Original data: Family Tree files submitted by Ancestry members. Record Collection 1030Ancestry Family Tree
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DNA Connections
It may be possible to confirm family relationships with Walter by comparing test results with other carriers of his Y-chromosome or his mother's mitochondrial DNA.
Y-chromosome DNA test-takers in his direct paternal line on WikiTree:
Harry Billings :
AncestryDNA Paternal Lineage (discontinued), haplogroup I1, Ancestry member jbhoggatt