Helena MT

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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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Helena Housing Market Information

With 32,315 people, 13,570 houses or apartments, and a median cost of homes of $273,039, 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%).

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 27.64%, which ranks in the top 40% nationwide. This equates to an annual average Helena house appreciation rate of 2.47%.

NeighborhoodScout's data show that during the latest twelve months, Helena's appreciation rate, at 4.67%, has been at or slightly above the national average. In the latest quarter, Helena's appreciation rate has been 2.47%, which annualizes to a rate of 10.26%.

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:


Value Range
> $1,204,000 0.3
$903,001 - $1,204,000 0.4
$602,001 - $903,000 3.8
$482,001 - $602,000 3.2
$361,001 - $482,000 12.1
$241,001 - $361,000 42.0
$120,001 - $241,000 28.6
$60,001 - $120,000 4.1
$0 - $60,000 5.4

High for MT
High for Nation

Value Relative to Nation Value Relative to State
24.0116788321168 29.6875

Number Of Homes And Apartments:

Helena Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
104.87% 3.70%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,179 / per month

Homeownership Rate

Owners 51.48
Renters 48.52
Vacant 7.19

Housing Market Details


Age of Homes

2000 or Newer 12.5
1970 - 1999 37.9
1940 - 1969 27.1
1939 or Older 22.5

Types of Homes

Single-Family 54.9
Townhomes 6.5
Small Apt. Buildings 19.2
Apt. Complexes 15.0
Mobile Homes 4.5
Other 0.0

Home Size

No Bedroom 4.40
1 Bedroom 15.94
2 Bedrooms 28.64
3 Bedrooms 29.12
4 Bedrooms 15.15
5 or more bedrooms 6.75