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 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%).
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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Helena HOMES|
|2000 or Newer||12.2|
|1970 - 1999||37.4|
|1940 - 1969||27.3|
|1939 or Older||23.2|
|TYPE OF Helena HOMES|
|Small Apt. Buildings||18.6|
|SIZE OF Helena HOMES|
|5 or more bedrooms||6.01|