Jesse Chaney
Helena s home prices soared and inventory tanked last year, as more out-of-state buyers scooped up property in rural areas due to the COVID-19 pandemic.
In the city of Helena and a 15-mile radius, 1,112 sales were reported in 2020 with a median price of $317,000, according to Shaun Moore of Moore Appraisal Firm. In 2019, 1,150 sales were reported with an average sale price of $280,000. Even smaller houses have surprisingly high prices, Moore said. Some of that has to do with inventory.
Moore said most homes sold in 2020 have three bedrooms and two bathrooms. Two-bedroom starter homes are less common, with only 103 sold in 2020 at a median price of $230,000. Moore said there are currently four two-bedroom homes for sale. These homes also are seeing inflated prices over previous years.