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Is Helena, MT 59601 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Helena is a seller’s market. With about 3.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$256▼ −2.5% vs. last year

The Helena housing market right now

In the three months ending August 31, 2026, 0% of homes in Helena, MT 59601 sold above their list price, the typical home went under contract in 54 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 116 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price rose 10% to $484,790. Overall, Helena is about as competitive as it was a year ago.

Within Lewis and Clark County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 59601

Prefilled for 59601Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59601Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Augusta 59410 — /sq ftCanyon Creek 59633Seller’s market $368 /sq ftEast Helena 59635Seller’s market $277 /sq ftHelena 59602Seller’s market $270 /sq ft Browse all markets →

Towns like Helena nearby

Find towns like Helena in other states →
Helena, MT59602 · 7 miles away48% similar7 min longer commute · more homeowners East Helena, MT59635 · 6 miles away43% similarsmaller · 12 min longer commute Deer Lodge, MT59722 · 38 miles away40% similarcheaper homes ($108K less) · smaller Boulder, MT59632 · 27 miles away34% similarcheaper homes ($108K less) · smaller

Where Helena is

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Questions about Helena real estate

Is Helena a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Helena, MT 59601 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Helena?

The typical home went under contract in 54 days in the latest three months.

Do homes in Helena sell over asking?

0% of homes sold above their original list price.

What are property taxes in Helena?

About 0.79% of a home’s value a year in Lewis and Clark County, or roughly $3,160 on a $400,000 home.

What is the median home price in Helena?

The median sale price was $484,790 in the three months ending August 31, 2026, about $256 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology