The story of this market
The typical home in ZIP 59601 sells for about $599,000, or $258 per square foot.
Prices are up +8.69% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,046 a month.
ZIP 59601 — Helena
The Helena housing market is currently experiencing a seller's market dynamic with rising listing prices and faster turnover compared to the previous year. While median sales prices show some volatility, the overall trend remains positive, supported by the area's stable government-anchored economy.
This ZIP is well-suited for families and professionals seeking a balance of capital-city amenities and access to Montana's outdoor lifestyle.
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) · unemployment 2.6% · poverty 8.7% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 59601, Lewis and Clark County, MT
Helena public schools maintain an average rating of 6 out of 10 according to GreatSchools.
Helena serves as the state capital, anchoring the local economy with significant government, healthcare, and education employment sectors.
The area features a standard suburban commute profile with primary access via local highway corridors toward the Helena employment core.
Residents have access to numerous parks, trails, and outdoor recreational opportunities typical of the Helena valley, with local shopping and dining concentrated in the city center.
The rental market is characterized by steady demand, though specific vacancy and investor-activity metrics are not currently published for this ZIP.
The economy is driven by state government operations, healthcare services, and education, providing a stable employment base.
Transportation is primarily automobile-dependent, with regional connectivity provided by major highway corridors.
Data sourced from Point2Homes and IncomeByZipCode; specific ACS table breakdowns not fully available.
Extensive public lands offering hiking, biking, and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.