Helena, MT metro area Housing Market
Cold MarketComprehensive 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: January 2026
Median Sale Price
$465K
↓ 8.8% YoY
Days on Market
96 days
↑ 7.9% YoY
Active Inventory
294
↑ 6.9% YoY
Homes Sold
49
↓ 14.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Helena, MT metro area Market Summary
The Helena, MT metro area housing market is cooling down. As of January 2026, the median home sale price is $465K, down 8.8% year-over-year. Homes are spending a median of 96 days on the market, 7.9% longer than a year ago.
There are 294 homes for sale — 6.9% more than last year. With 6.0 months of supply, this is a balanced market. 75 new listings were added during this period, up 21.0% year-over-year.
0.0% of homes sell above their asking price. 11.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
70
Contributing Factors
How This Market Compares
vs. National Median
vs. Montana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.
Helena, MT metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Not enough data for Sale-to-List Ratio trend
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$499K
Price per Sq Ft
$267
Sale-to-List Ratio
N/A
Months of Supply
6.0
Sold Above List
0.0%
Price Drops
11.2%
New Listings
75
↑ 21.0% YoY
Pending Sales
86
Off Market in 2 Weeks
29.1%
Other Markets in Montana
Billings, MT metro area
$410K · 100d on market
Bozeman, MT metro area
$699K · 104d on market
Kalispell, MT metro area
$675K · 114d on market
Missoula, MT metro area
$527K · 109d on market
Great Falls, MT metro area
$349K · 88d on market
Butte, MT metro area
$307K · 62d on market
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 FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.