Market Intelligence · MT / Helena

Helena, MT 59601 Housing Market

The typical home value in Helena's 59601 ZIP code is $439,897, up 3.1% over the past year. The median list price stands at $489,950, with homes taking 54 days on the market as of September 2026.

Updated September 2026Median value$440K

The median home value in Helena, MT 59601 is $440K as of September 2026, up 3.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 59601 range

$405K to $475K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.1% over 12 months

Sep 2025$427K

Low $427KHigh $440K

Sep 2026$440K

The numbers

What is the 59601 housing market like?

As of September 2026

Typical home value

$440K

3.1%YoY

Median list price

$490K

1.0%MoM

Days on market

8.5%MoM

Homes for sale

7.3%MoM

Price cuts

20.6%

41.6%MoM

New listings

100.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

59601 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 59601 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 59601 rose 3.1%, per the Zillow Home Value Index.

Will home prices drop in 59601?

Zillow's forecast does not call for a drop: it expects typical home values in 59601 to rise 2.1% by September 2027, after a 3.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 59601 home prices compare?

59601$439,897
Helena$484,973
Montana$420,839
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Helena: 2 ZIPs; Montana: 232 ZIPs; United States: 26,262 ZIPs).

Context

Helena's 59601 market is moderately active. There are 76 homes for sale with 48 new listings as of September 2026. The median days on market of 54 suggests steady but not rushed movement. About one in five listings, or 20.6%, have received a price cut. The modest appreciation of 3.1% over the past year indicates a balanced market where buyers have some negotiating room.

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Down payment20% · $87,979

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Common questions

What people ask us.

What is the typical home value in 59601?

The typical home value is $439,897, representing a 3.1% increase over the past year.

How long do homes typically stay on the market here?

Homes in this ZIP code spend a median of 54 days on the market.

What share of homes have price cuts?

As of September 2026, 20.6% of listings in the area have received a price cut.

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Helena 59602 housing market

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