New Listing
2
$175,000
3855 Lovegrass Ln
Helena, MT 59602
Land16,553 sqft lot
Josh Lafromboise · RE/MAX Of Helena
View photos & details
Brokers — List your Company Here
Featured local agent — Helena, MT
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Helena, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Helena, MT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Helena, MT Housing Market
Leaning buyer's+2.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Helena, MT is worth $480,407, rose 2.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $389,900, -3.6% year over year (through May 2026). With 4.5 months of supply and homes going under contract in about 54 days, Helena is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $480,407 home is about $2,565/mo in principal and interest.
Key numbers for Helena, MT
Typical home value
$480,407
+2.4% in 12 months
Zillow, August 2026
Typical asking rent
$1,616/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$389,900
-3.6% year over year
Redfin, through May 2026
Days on market
54
Average pace
Redfin, through May 2026
Active listings
103
4.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$69,341
Home costs 6.9x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Helena a buyer's or seller's market?
Leaning buyer's4.5 months of supply54 days on market
Helena, MT is a leaning buyer's, based on 4.5 months of supply and homes selling in about 54 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Helena housing market data show?
Every row below is Redfin's final published month for Helena, MT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $389,900 |
| Median list price | $472,000 |
| Year-over-year price change | -3.6% |
| Median price per sq ft | $246/sq ft |
| Median days on market | 54 days |
| Active inventory | 103 listings |
| Months of supply | 4.5 months |
| Homes sold (that month) | 23 |
| New listings (that month) | 48 |
| Listings with a price cut | 26.2% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Helena is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Helena is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Helena home prices moved?
Over the last three years the median sale price in Helena, MT fell 4.9%, from $409,900 to $389,900. The live Zillow value series has rose 2.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.2% of Helena listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Helena market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Helena?
Priced off the typical home value of $480,407 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $96,081 | $384,326 | $2,565/mo |
| 5% | $24,020 | $456,387 | $3,046/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,565, that implies roughly $109,915 a year before you add taxes and insurance. The median household in Helena earns $69,341, about $40,574 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.9x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Helena in the next 12 months?
Tell us your timeline. We send the Helena market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Helena?
Typical asking rent in Helena, MT is $1,616/mo, against a typical home value of $480,407. That is a price-to-rent ratio of 24.8x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,565 a month — $948 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Helena?
Active listings in Helena, MT went from 100 in May 2025 to 103 in May 2026, a +3.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 122 | 60 |
| July 2025 | 132 | 48 |
| August 2025 | 124 | 46 |
| September 2025 | 134 | 45 |
| October 2025 | 138 | 44 |
| November 2025 | 115 | 24 |
| December 2025 | 90 | 14 |
| January 2026 | 84 | 25 |
| February 2026 | 97 | 34 |
| March 2026 | 76 | 21 |
| April 2026 | 87 | 43 |
| May 2026 | 103 | 48 |
Redfin, through May 2026
How does Helena compare to Montana and the U.S.?
Helena homes sell for $389,900 — 26% below the Montana median of $528,600. Against the national median of $410,700, Helena runs 5% lower. Year-over-year, Helena moved -3.6% against Montana's +1.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Helena, MT | $389,900 | -3.6% | 54 days |
| Montana statewide | $528,600 | +1.5% | 69 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Helena
What buyers should watch
- Months of supply, currently 4.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $481 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $480,407 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Helena listing goes under contract in 54 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Helena added 48 new listings against 23 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Helena varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Helena
There are currently 103 homes listed for sale in Helena, Montana. The median listing price is $472K. Featured listings range from $175,000 to $1,100,000.
New Listing
2
$175,000
3827 Lovegrass Ln
Helena, MT 59602
Land16,553 sqft lot
Josh Lafromboise · RE/MAX Of Helena
View photos & details
New Listing
2
$175,000
3841 Lovegrass Ln
Helena, MT 59602
Land16,553 sqft lot
Josh Lafromboise · RE/MAX Of Helena
View photos & details
New Listing
2
$175,000
3869 Lovegrass Ln
Helena, MT 59602
Land16,553 sqft lot
Josh Lafromboise · RE/MAX Of Helena
View photos & details
New Listing
33
$299,999
1415 Hollins Ave
Helena, MT 59601
4 bd3 ba2,766 sqft$108/ft²
House8,756 sqft lot
Rick Ahmann · Ahmann Brothers Real Estate
View photos & details
New Listing
9
$449,000
113 Ridgewood Ln
Helena, MT 59601
6 bd3 ba2,464 sqft$182/ft²
House8,712 sqft lot
Jim Benner · eXp Realty - Helena
View photos & details
New Listing
51
$510,000
3855 Yuhas Ave
Helena, MT 59602
3 bd3 ba2,090 sqft$244/ft²
House15,594 sqft lot
Anita Sherley · Sherley Real Estate
View photos & details
38
$649,000
3446 Tizer Dr
Helena, MT 59602
5 bd3 ba2,624 sqft$247/ft²
House5.06 acres
Tara Petersen · MT Ranch & Home Real Estate
View photos & details
New Listing
39
$729,900
2240 Kenai Rd
Helena, MT 59602
4 bd2 ba2,197 sqft$332/ft²
House5.05 acres
Philip Shields · The Synergy Group
View photos & details
New Build
69
$735,000
1855 Karmen Rd
Helena, MT 59602
4 bd3 ba2,545 sqft$289/ft²
House16,553 sqft lot
Tobie Mcdonnell · Northstar Real Estate
View photos & details
New Listing
63
$785,000
645 Covered Wagon Rd
Helena, MT 59602
6 bd3 ba2,656 sqft$296/ft²
House1.02 acres
Trevor Johnson · Keller Williams Capital Realty
View photos & details
New Listing
107
$1,100,000
3390 East Shore Dr
Helena, MT 59602
4 bd2 ba2,644 sqft$416/ft²
House29,185 sqft lot
Amber Smith · Rise Realty Group, eXp Realty
View photos & details
Looking to buy in Helena?
Get connected with a local real estate expert — free, no obligation.
Active listings
103
Homes on market
Median list price
$472K
Avg. days on market
54
Days until sale
New this week
48
Newly listed
Price drops:26.2%of listings
How much do homes cost in Helena by property type?
How the Helena, MT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $399,000 | $241/sq ft | 11 | 40 days |
| Condo / co-op | $305,000 | $246/sq ft | 11 | 174 days |
| Townhouse | $224,900 | $213/sq ft | 1 | 228 days |
Who lives in Helena?
American Community Survey estimates for Helena. U.S. Census ACS, 2023
Population
33,126
Households
15,471
Median income
$69,341/yr
Median age
40.4 years
Owner-occupied
53.8%
Median home value
$355,100
Median gross rent
$1,058/mo
Mean commute
13.7 min
53.8% of occupied homes in Helena are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $355,100 against Zillow's $480,407 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,058/mo, below Zillow's $1,616/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Helena?
15 schools tracked · 7,627 students
The largest public schools serving Helena, MT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Capital High School
Grades 9-12 · 1,367 students
Helena High School
Grades 9-12 · 1,087 students
C R Anderson Middle Schl
Grades 6-8 · 1,016 students
Helena Middle School
Grades 6-8 · 671 students
Jim Darcy School
Grades PK-5 · 486 students
Four Georgians School
Grades PK-5 · 459 students
Rossiter School
Grades PK-5 · 370 students
Bryant School
Grades PK-5 · 336 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Helena, MT?
Ordered by distance from Helena, not by size. Compare Helena side by side with any of them.
Which ZIP codes are in Helena?
These are the ZIP codes we see on active Helena listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Helena housing market FAQ
Is Helena a buyer's or seller's market?
Helena, MT is currently a leaning buyer's. That read comes from 4.5 months of supply, homes going under contract in about 54 days in the last month Redfin published (May 2026).
How much do homes cost in Helena?
The typical home in Helena, MT is worth $480,407 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $389,900, about $246 per square foot.
Is Helena cheaper than the rest of Montana?
Helena's median sale price of $389,900 is 26% lower than the Montana statewide median of $528,600, and 5% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Helena?
Homes in Helena, MT spent a median of 54 days on market before going under contract, versus 69 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Helena?
At the current 30-year fixed rate of 7.03%, 20% down on a $480,407 home is about $2,565 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $109,915 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $69,341.
Are home prices rising in Helena?
The typical home value in Helena, MT rose 2.4% over the last 12 months, from $469,361 to $480,407 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Helena?
Helena ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Helena?
That depends on your timeline, not on a headline. What the data says today: Helena, MT is a leaning buyer's with 4.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 24.8x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Helena, MT
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Helena
Nearby markets
Get the Helena market brief
Get the Helena, MT market brief
One email: what homes are actually clearing at around $480,407, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.