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Featured local agent — Helena Flats, MT
Sarah Mitchell
Compass Real Estate · Helena Flats, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Helena Flats, MT Housing Market
The last median sale price Redfin published was $874,200 (through May 2026). With 1.0 months of supply and homes going under contract in about 49 days, Helena Flats is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $874,200 home is about $4,667/mo in principal and interest.
Key numbers for Helena Flats, MT
Median sale price
$874,200
Last published period
Redfin, through May 2026
Days on market
49
Average pace
Redfin, through May 2026
Active listings
2
1.0 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
$88,125
Home costs 9.9x income
U.S. Census ACS, 2023
Zillow figures 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 Flats a buyer's or seller's market?
Helena Flats, MT is a seller's market, based on 1.0 months of supply and homes selling in about 49 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Helena Flats housing market data show?
Every row below is Redfin's final published month for Helena Flats, MT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $874,200 |
| Median price per sq ft | $329/sq ft |
| Median days on market | 49 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Homes sold (that month) | 2 |
| Market condition | Seller's market |
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 Flats is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Helena Flats 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 Flats home prices moved?
Across the 23 months we hold for Helena Flats, MT, the median sale price rose 76.6%, from $495,000 in April 2021 to $874,200.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Helena Flats?
Priced off the median sale price of $874,200 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% | $174,840 | $699,360 | $4,667/mo |
| 5% | $43,710 | $830,490 | $5,542/mo |
Redfin, through May 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 $4,667, that implies roughly $200,013 a year before you add taxes and insurance. The median household in Helena Flats earns $88,125, about $111,888 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 9.9x — 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 Flats in the next 12 months?
Tell us your timeline. We send the Helena Flats 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 Flats?
Zillow does not publish a rent index (ZORI) for Helena Flats, MT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Helena Flats?
Active listings in Helena Flats, MT went from 3 in October 2023 to 2 in May 2026, a -33.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| January 2024 | 1 | not published |
| March 2024 | 2 | 1 |
| April 2024 | 3 | 2 |
| May 2024 | 4 | 2 |
| July 2024 | 1 | not published |
| November 2024 | 2 | not published |
| December 2024 | 1 | 1 |
| August 2025 | 5 | not published |
| October 2025 | 4 | not published |
| November 2025 | 2 | not published |
| March 2026 | 4 | 2 |
| May 2026 | 2 | not published |
Redfin, through May 2026
How does Helena Flats compare to Montana and the U.S.?
Helena Flats homes sell for $874,200 — 65% above the Montana median of $528,600. Against the national median of $410,700, Helena Flats runs 113% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Helena Flats, MT | $874,200 | not published | 49 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 Flats
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $875 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 $874,200 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 Flats listing goes under contract in 49 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Comparable ZIP-level pricing inside Helena Flats varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Helena Flats
There are currently 2 homes listed for sale in Helena Flats, Montana.
Active listings
2
Homes on market
Avg. days on market
49
Days until sale
How much do homes cost in Helena Flats by property type?
How the Helena Flats, 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 | $874,200 | $329/sq ft | 2 | 49 days |
Who lives in Helena Flats?
American Community Survey estimates for Helena Flats. U.S. Census ACS, 2023
Population
1,014
Households
389
Median income
$88,125/yr
Median age
41 years
Owner-occupied
85.3%
Median home value
$544,900
Mean commute
16 min
85.3% of occupied homes in Helena Flats 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.
Which cities are near Helena Flats, MT?
Ordered by distance from Helena Flats, not by size. Compare Helena Flats side by side with any of them.
Helena Flats housing market FAQ
Is Helena Flats a buyer's or seller's market?
Helena Flats, MT is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 49 days in the last month Redfin published (May 2026).
How much do homes cost in Helena Flats?
The median sale price in the last month Redfin published was $874,200, about $329 per square foot.
Is Helena Flats cheaper than the rest of Montana?
Helena Flats's median sale price of $874,200 is 65% higher than the Montana statewide median of $528,600, and 113% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Helena Flats?
Homes in Helena Flats, MT spent a median of 49 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 Flats?
At the current 30-year fixed rate of 7.03%, 20% down on a $874,200 home is about $4,667 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $200,013 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $88,125.
Are home prices rising in Helena Flats?
We do not hold a complete 12-month value series for Helena Flats, MT yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Helena Flats?
Helena Flats 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 Flats?
That depends on your timeline, not on a headline. What the data says today: Helena Flats, MT is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $874,200, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.