Helena, MT

Population: 29,596
Average annual home appreciation rate: -0.94%
Total of homes for sale in this market: 494
Median home price: $217,207
Median Rent: $767 per room
Home price range: 38.91% of homes are between $109,001 – $219,000
Median sales price: $245,000
Number of homes: 6
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 54.66% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.34%
Number of renters: 42.09%
Number of owner occupied: 57.91%
Number people living below poverty level: 12.78%
Unemployment rate: 2.50%
Is this area perfect for real estate deals going on right now? Since our last visit to Helena’s market about a year and a half ago, Helena’s market statistically has taken a down trend in appreciation rates. Although home prices have risen, they could shortly be coming to a lull, and make it so savvy investors can take advantage of the home prices as they stagnate for a time. Markets like Helena have been ripe for opportunity for investors who can buy low, and hang on to the property as the market rebounds.

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