Sep 2026
$495K
-0.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Helena, MT housing market
Helena, MT metro median sale price $495K in Sep 2026, down 0.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Helena, MT metro is $495K as of Sep 2026, down 0.2% from a year earlier. FHFA's repeat-sales index for the metro agrees within 1.0 points (down 1.2% through Q2 2026).
On median sale price, Helena ($495K) ranks 3rd of the five Montana metros Pecan Street tracks, between Missoula ($565K) and Billings ($422K). On median days on market, Helena (63 days) ranks 3rd of the five Montana metros, between Bozeman (74 days) and Billings (59 days). Helena has the highest share of listings with a price cut of the five Montana metros (32%), ahead of Billings (31%).
Listings spent a median 63 days on market in Sep 2026, more than in most of the 385 U.S. metros Pecan Street ranks on this measure. 32% of active listings carry a price cut, 5.7 points fewer than a year earlier. That share is lower than in most of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,711 a month; at 28% of gross income, that takes about $116K a year. Active listings ask a median $295 per square foot, up 4.5% from a year earlier.
In four of the five ZIP codes in the table below, median list prices are higher than a year earlier; one is lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,711/mo
$116K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Helena compares to other U.S. metros
| Home-price growth | ↓294th of 383 |
|---|---|
| Price cuts | ↓284th of 385 |
| Days on market | ↑140th of 385 (top 37%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Asking price / sq ft | $295 +4.5% YoY |
|---|
Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026.
Market pressure
| Listings with a price cut | ≈ 32% -5.7 pts YoY ↓284th of 385 |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 5 shown of 18 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 1.0ppRedfin (metro) -0.2% | FHFA HPI · Q2 2026 -1.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 59601 | $490K↓ | 76↓ | 48↓ | 32↓ | 54↑ | $441K↑ |
| 59602 | $683K↑ | 99↓ | 42↑ | 40↓ | 58↓ | $531K↑ |
| 59634 | $730K↑ | 31↓ | 10↓ | 10↓ | 88↑ | $649K↑ |
| 59644 | $675K↑ | 42↓ | 10↑ | 10↓ | 55↓ | $449K↑ |
| 59759 | $626K↑ | 31↓ | 6↑ | 4↓ | 65↓ | $445K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.