Helena appreciation rates and housing market information

Helena housing market information

With 11,749 people, 9,628 houses or apartments, and a median cost of homes of $262,227, Helena real estate is some of the most expensive in Alabama, although Helena home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Helena, accounting for 70.76% of the town's housing units. Other types of housing that are prevalent in Helena include large apartment complexes or high rise apartments (12.55%), mobile homes or trailers (7.61%), row houses and other attached homes (7.33%), and a few duplexes, homes converted to apartments, or other small apartment buildings (1.74%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Helena. Owner-occupied housing accounts for 78.45% of Helena's homes, and 71.18% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Helena built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Helena built from 1995 and later (34.59%). A lesser amount of the housing stock also hails from 1940-1969 (2.86%), and some were built from 1939 and earlier (2.86%).

Helena home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Helena, where house values have increased just 30.45%, which is an average annual increase of 3.04%. NeighborhoodScout's data show that in the latest quarter, Helena house values appreciated 0.44%, which is an annualized rate of 1.76%. This rate is lower than the appreciation rate found in 50% of the cities and towns in America.

Over the last year, Helena appreciation rates have trailed the rest of the nation. In the last twelve months, Helena's appreciation rate has been -1.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Helena were at 0.44%, which equates to an annual appreciation rate of 1.76%.

Relative to Alabama, our data show that Helena's latest annual appreciation rate is higher than 6% of the other cities and towns in Alabama.