The housing market in Helena continues to see strong price appreciation, with values up 25.4% compared to last year. The median home price of $350,900 represents a substantial 25.4% increase from this time last year. With 4.2 months of supply, Helena's inventory levels remain relatively tight. Homes are taking about 39 days to sell, which is -7 days longer than this time last year. A significant 37.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Helena market with the affordability index at 149.7. Based on current market indicators, home prices in Helena are projected to decrease by approximately 5.8% over the next month.