Market Overview
Home Prices in Helena, MT
The median home value in Helena, MT is $483,690 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Helena are priced18% above average. Helena is part of the Helena, MT metro area.
Over the past five years, Helena home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Helena Home Price Trend
City Comparison
Helena vs. National Median
At $483,690, homes in Helena cost 18% above the national median of $410,000. Buyers in Helena should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Helena?
20% Down Payment
$96,738
on $483,690
Monthly P&I
$2,523/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,204/mo
incl. taxes & insurance
Income Needed
$128,160
gross annual (30% rule)
10% Down Option
$48,369
+ PMI applies
Loan Amount (20% dn)
$386,952
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Helena, MT?
The median home value in Helena is $483,690 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Helena?
Over the past year, home values in Helena have increased by 2.9%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Helena?
To comfortably afford the median home price of $483,690 with a 20% down payment ($96,738) at today's rates (6.8%), you'd need a gross annual income of approximately $128,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Helena compare to the national average home price?
The national median home value is approximately $410,000. At $483,690, homes in Helena are 18% above the national average.
What metro area is Helena part of?
Helena is part of the Helena, MT metropolitan area. Home prices and market conditions can vary across the broader metro region.