With only 2.6 months of inventory, Helena remains a seller's market. Home prices have decreased 3.2% in the past month. With 2.6 months of supply, Helena's inventory levels remain relatively tight. Transaction volume is up 33% compared to what's typically expected this time of year. Approximately 37.5% 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 110.2. Based on current market indicators, home prices in Helena are projected to decrease by approximately 5.3% over the next month.
Helena, AL has a total population of 19,118 residents. The area is predominantly White (71.5%), African American residents comprise 16.8% of the community. The area shows moderate demographic diversity. As a smaller community, Helena, AL offers a close-knit residential environment.
Crime analysis for Helena, AL shows 62 total incidents across all categories. The most prevalent crime type is Assault (71.0% of all incidents). This is followed by Property Crime at 21.0%. The crime rate in Helena, AL is very low, with violent crimes being more common than property crimes. This suggests Helena, AL is generally a safe area for residents and visitors.
Market predictions for Helena, AL show an upward trend in home prices, with values increasing by 4.6%. This suggests a gradual price adjustment in the market. The current median home price in Helena, AL is approximately $359,276.673. The stable price trend suggests a balanced market in Helena, AL, suitable for both buyers and sellers.
Investment hotspot data for Helena, AL is currently unavailable.
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