Helena, MT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Helena Neighborhoods Since 2000




Helena, MT Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Helena Housing Market Information

With 30,581 people, 13,095 houses or apartments, and a median cost of homes of $244,418, 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 56.38% 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 ( 18.57%), large apartment complexes or high rise apartments ( 15.62%), and a few row houses and other attached homes ( 5.11%).

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 ( 27.25%). A lesser amount of the housing stock also hails from before 1939 ( 23.17%). There's also some housing in Helena built between 2000 and later ( 12.20%).

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 12.68%, which ranks in the top 30% nationwide. This equates to an annual average Helena house appreciation rate of 1.20%.

NeighborhoodScout's data show that during the latest twelve months, Helena's appreciation rate, at 5.48%, has been at or slightly above the national average. In the latest quarter, Helena's appreciation rate has been 2.06%, which annualizes to a rate of 8.49%.

Importantly, this makes Helena one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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.

Average Home Values

 

Median Home Value:
$244,418

Helena, MT HOME PRICES

Value Range
> $1,121,000 0.8
$841,001 - $1,121,000 0.2
$561,001 - $841,000 3.6
$448,001 - $561,000 2.3
$337,001 - $448,000 10.2
$224,001 - $337,000 39.4
$113,001 - $224,000 34.6
$56,001 - $113,000 4.3
$0 - $56,000 4.7

High for MT
High for Nation

Value Relative to Nation Value Relative to State
23.3739599203094 29.6875

Number Of Homes And Apartments:
13,095

Helena Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
79.07% 3.44% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,102 / per month

Homeownership Rate

Homeownership
Owners 51.64
Renters 48.36
Vacant 6.68

Housing Market Details

 

Age of Homes

AGE OF Helena HOMES
2000 or Newer 12.2
1970 - 1999 37.4
1940 - 1969 27.3
1939 or Older 23.2

Types of Homes

TYPE OF Helena HOMES
Single-Family 56.4
Townhomes 5.1
Small Apt. Buildings 18.6
Apt. Complexes 15.6
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Helena HOMES
No Bedroom 1.77
1 Bedroom 18.18
2 Bedrooms 29.20
3 Bedrooms 31.58
4 Bedrooms 13.26
5 or more bedrooms 6.01