Is Helena, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Helena has remained a Seller's Market.
Housing Prices in Helena, MT
How much do homes in Helena, MT cost?
Median Sold Price
$450,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Helena was $450,000 in April 2024, up 0.2% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $202K | $318K | +57.4% |
2 Bedrooms | $318K | $365K | +14.8% |
3 Bedrooms | $428.7K | $445K | +3.8% |
4 Bedrooms | $490K | $489.9K | 0% |
5+ Bedrooms | $595K | $630K | +5.9% |
Summary: Helena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.4%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Helena | $449.1K | $450K | 0.2% |
Clancy | $624K | $543.9K | -12.8% |
Housing Supply in Helena, MT
How many homes are available in Helena, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 227 | +24.7% |
Summary: The Helena real estate market had 227 homes for sale in April 2024, a 24.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 22 | 31 | +40.9% |
3 Bedrooms | 72 | 84 | +16.7% |
4 Bedrooms | 48 | 66 | +37.5% |
5+ Bedrooms | 38 | 42 | +10.5% |
Summary: The Helena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 47 | +9.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Helena in April 2024, up by 9.3% month-over-month. Of the 47 sold homes, 49% were sold under asking, 32% were sold at asking, and 19% were sold over asking.
Days on Market for Helena, MT
How long does it take to sell a home in Helena, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 74 Days | +33.7% |
Summary: Homes in Helena had an average of 74 days on market in Apr 2024, up by 33.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Helena; 23% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.