Helena, MT metro area Housing Market

Cool Market

Comprehensive housing market data for the Helena, MT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$430K

6.5% YoY

Days on Market

87 days

16.0% YoY

Active Inventory

296

6.9% YoY

Homes Sold

92

58.6% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Helena, MT metro area Market Summary

The Helena, MT metro area housing market is cooling down. As of March 2026, the median home sale price is $430K, down 6.5% year-over-year. Homes are spending a median of 87 days on the market, 16.0% longer than a year ago.

There are 296 homes for sale — 6.9% fewer than last year. With 3.2 months of supply, this is a seller's market. 98 new listings were added during this period, down 16.2% year-over-year.

0.0% of homes sell above their asking price. 20.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.2
Days on Market 87
Price Drops 20.9%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 1.5%
Days on Market (National: 55) 58.2%
Inventory (National: 1,314,690) 100.0%

vs. Montana Median

Median Price (Montana: $505K) 14.9%
Days on Market (Montana: 115) 24.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Helena, MT metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$592K

Price per Sq Ft

$253

Sale-to-List Ratio

N/A

Months of Supply

3.2

Sold Above List

0.0%

Price Drops

20.9%

New Listings

98

16.2% YoY

Pending Sales

104

Off Market in 2 Weeks

31.7%

Analyze a deal in Helena, MT metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.