The story of this market
The typical home in Helena, Montana sells for about $588,000, or $298 per square foot.
Prices are down 2.44% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
Monthly price momentum
Home values since 2015
+2.9%
MT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Helena, Montana
The Helena housing market is currently experiencing a cooling phase, characterized by a year-over-year decline in median listing prices and a stabilization of inventory levels. While the market remains active, the rapid appreciation seen in previous years has slowed significantly, leading to a more balanced environment for buyers. Note that several specific metrics, such as local tax rates and specific school district performance data, were not available at the city-limit level for this report.
No ARED county foreclosure postings attributed to Helena yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 8.7% year over year.
Homes spend a median of 39 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A vast expanse of public land surrounding the city, offering extensive trails, camping, and outdoor recreation opportunities that define the local lifestyle.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Montana) — Taxable Interests in Exempt Property: The property is assessed and taxed to the private holder as if they held legal title, without deduction for unpaid purchase price. State (Montana) — Residential Property Tax Assessment: Property is valued by the Department of Revenue; tax is calculated by applying the state-determined tax rate to the taxable value (Market Value x Tax Rate). Homestead and long-term rental reduced tax rates are available via enrollment.
Data retrieved from U.S. Census Bureau QuickFacts.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.