Helena, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Helena, AL Housing Market Trends

With a population of 19,925, 6,718 total housing units (homes and apartments), and a median house value of $245,631, 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 90.63% of the city's housing units. Other types of housing that are prevalent in Helena include row houses and other attached homes ( 6.51%), mobile homes or trailers ( 1.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.14%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Helena. Owner-occupied housing accounts for 93.33% of Helena's homes, and 80.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Helena built from 1970 to 1999 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 between 2000 and later ( 44.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.26%).

Helena Home Appreciation Rates

Appreciation rates for homes in Helena have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 42.82%, which ranks in the top 50% nationwide. This equates to an annual average Helena house appreciation rate of 3.63%.

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 7.88%, 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 1.56%, which equates to an annual appreciation rate of 6.41%.

Notably, Helena's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Alabama, our data show that Helena's latest annual appreciation rate is lower than 50% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$245,631

Helena, AL HOME PRICES

> $1,240,000
0.2%
0.2%
$930,001 - $1,240,000
0.4%
0.4%
$620,001 - $930,000
1.5%
1.5%
$496,001 - $620,000
1.5%
1.5%
$372,001 - $496,000
10.2%
10.2%
$248,001 - $372,000
26.7%
26.7%
$124,001 - $248,000
53.3%
53.3%
$62,001 - $124,000
3.5%
3.5%
$0 - $62,000
2.6%
2.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for AL

Value Relative To Nation

Number Of Homes And Apartments:
6,718

Helena Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
56.32% 2.10%
4
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,314 / per month

Homeownership Rate

Owners
93.3%
93.3%
Renters
6.7%
6.7%
Vacant
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
44.3%
44.3%
1970 - 1999
51.9%
51.9%
1940 - 1969
3.3%
3.3%
1939 or Older
0.5%
0.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
90.6%
90.6%
Townhomes
6.5%
6.5%
Small Apt. Buildings
1.1%
1.1%
Apt. Complexes
0.3%
0.3%
Mobile Homes
1.3%
1.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
0.8%
0.8%
2 Bedrooms
9.2%
9.2%
3 Bedrooms
53.8%
53.8%
4 Bedrooms
26.8%
26.8%
5 or more bedrooms
9.1%
9.1%
0.0% 100.0%
% OF HOMES