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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Helena is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, East Helena has remained a Seller's Market.

Key Takeaway

East Helena is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Helena, MT

How much do homes in East Helena, MT cost?

Median Sold Price

$449,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,000(-3.4%)

Key Takeaway

Homes in East Helena have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in East Helena was $449,000 in October 2024, down 3.4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$260K
+4.0%
2 $304.1K$319K
+4.9%
3 $445K$425K
-4.5%
4 $504.9K$560.7K
+11.0%
5+ $735K$740K
+0.7%

Summary: East Helena housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Helena
+3.2%
East Helena
-3.4%

Housing Supply in East Helena, MT

How many homes are available in East Helena, MT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6984+21.7%

Summary: The East Helena real estate market had 84 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 4251
+21.4%
4 1416
+14.3%
5+ 811
+37.5%

Summary: The East Helena housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Helena, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in East Helena in October 2024, up by 54.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.

Days on Market for East Helena, MT

How long does it take to sell a home in East Helena, MT?

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days77 Days+12.3%

Summary: Homes in East Helena had an average of 77 days on market in Oct 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Helena has remained consistent over time.

Summary: During October 2024, 17 homes were sold in East Helena; 12% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in East Helena, MT

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