Helena, MT Real Estate Market 2026

Investor-grade market analytics for Helena, Montana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$455,118

+2.6% year-over-year

Est. Rental Yield

4.0%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Helena Market Summary

Helena, MT shows steady growth at 2.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 6.15x well exceeds the national average of 4.8x. Modest net positive migration (+405 returns/year) provides steady demand support. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 3.98% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

Affordability Score55/100
Price-to-Income Ratio6.2x (national avg 4.8x)
Median Household Income$74,040

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Helena, MT's primary climate exposure is wildfire (50/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Helena dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Helena Real Estate Market Data 2026 | Lotlytics | Lotlytics