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 November 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

$445,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,500(-3.2%)

Key Takeaway

Homes in East Helena have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in East Helena was $445,000 in November 2024, down 3.2% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$260K
+4.0%
2 $311.6K$310K
-0.5%
3 $445K$420.9K
-5.4%
4 $510K$560.7K
+9.9%
5+ $735K$740K
+0.7%

Summary: East Helena housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Helena
+3.6%
East Helena
-3.2%

Housing Supply in East Helena, MT

How many homes are available in East Helena, MT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8076-5.0%

Summary: The East Helena real estate market had 76 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 4744
-6.4%
4 1514
-6.7%
5+ 1110
-9.1%

Summary: The East Helena housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Helena, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in East Helena in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% 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

Nov 2023Nov 2024CHANGE
63 Days84 Days+32.5%

Summary: Homes in East Helena had an average of 84 days on market in Nov 2024, up by 32.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 13 homes were sold in East Helena; 15% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

Newest Listings in East Helena, MT

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