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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 31,429, 13,570 total housing units (homes and apartments), and a median house value of $264,270, Helena real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Helena, accounting for 54.85% of the city's housing units. Other types of housing that are prevalent in Helena include duplexes, homes converted to apartments or other small apartment buildings ( 19.15%), large apartment complexes or high rise apartments ( 15.01%), and a few row houses and other attached homes ( 6.46%).
People in Helena primarily live in small (one, two or no bedroom) single-family detached homes. Helena has a mixture of owner-occupied and renter-occupied housing.
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 1940-1969 ( 27.06%). A lesser amount of the housing stock also hails from before 1939 ( 22.45%). There's also some housing in Helena built between 2000 and later ( 12.54%).
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 20.55%, which ranks in the top 40% nationwide. This equates to an annual average Helena house appreciation rate of 1.89%.
NeighborhoodScout's data show that during the latest twelve months, Helena's appreciation rate, at 2.61%, has been at or slightly above the national average. In the latest quarter, Helena's appreciation rate has been -1.32%, which annualizes to a rate of -5.16%.
Notably, Helena's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Montana, our data show that Helena's latest annual appreciation rate is lower than 70% of the other cities and towns in Montana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Helena differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Helena - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Helena real estate investment or home purchase decisions.
|$874,001 - $1,165,000||0.4|
|$583,001 - $874,000||3.8|
|$466,001 - $583,000||3.2|
|$350,001 - $466,000||12.1|
|$233,001 - $350,000||42.0|
|$117,001 - $233,000||28.6|
|$58,001 - $117,000||4.1|
|$0 - $58,000||5.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
2000 Q1 - 2019 Q2
|* 10 is highest|
|AGE OF Helena HOMES|
|2000 or Newer||12.5|
|1970 - 1999||37.9|
|1940 - 1969||27.1|
|1939 or Older||22.5|
|TYPE OF Helena HOMES|
|Small Apt. Buildings||19.2|
|SIZE OF Helena HOMES|
|5 or more bedrooms||6.75|