Helena, MT
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1992 Q2 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is helena on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real −1.2%
nominal -1.2%
Five years
Five years real +25.8%
nominal +45.7%
Ten years
Ten years real +63.7%
nominal +113.9%
Twenty-five years
Twenty-five years real +115.7%
nominal +282.1%
Since 2000
Since 2000 real +126.9%
nominal +313.3%
2007 to 2012
crash, real −15.6%
2007Q4 to 2012Q3
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 482.8 | 482.8 | real year on year +1.3% |
| 2025 Q4 | 476.7 | 476.7 | real year on year +1.5% |
| 2024 Q4 | 469.7 | 469.7 | real year on year +1.8% |
| 2023 Q4 | 448.3 | 461.5 | real year on year −0.0% |
| 2022 Q4 | 430.7 | 461.6 | real year on year +8.0% |
| 2021 Q4 | 369.3 | 427.5 | real year on year +22.1% |
| 2020 Q4 | 288.9 | 350.2 | real year on year +5.5% |
| 2019 Q4 | 270.4 | 331.8 | real year on year +4.3% |
| 2018 Q4 | 254.8 | 318.3 | real year on year +5.3% |
| 2017 Q4 | 236.2 | 302.3 | real year on year −0.7% |
| 2016 Q4 | 232.8 | 304.3 | real year on year +3.0% |
| 2015 Q4 | 223.2 | 295.4 | real year on year +4.2% |
| 2014 Q4 | 214.0 | 283.6 | real year on year +1.6% |
| 2013 Q4 | 207.3 | 279.1 | real year on year −1.4% |
| 2012 Q4 | 207.1 | 282.9 | real year on year +0.8% |
| 2011 Q4 | 201.3 | 280.7 | real year on year −5.0% |
| 2010 Q4 | 205.3 | 295.3 | real year on year −3.3% |
| 2009 Q4 | 208.8 | 305.3 | real year on year −1.6% |
| 2008 Q4 | 213.0 | 310.3 | real year on year −4.7% |
| 2007 Q4 | 215.1 | 325.5 | real year on year +5.9% |
| 2006 Q4 | 197.5 | 307.3 | real year on year +9.0% |
| 2005 Q4 | 175.5 | 282.0 | real year on year +12.0% |
| 2004 Q4 | 151.6 | 251.7 | real year on year +5.2% |
| 2003 Q4 | 140.3 | 239.2 | real year on year +2.3% |
| 2002 Q4 | 134.1 | 233.9 | real year on year +2.6% |
| 2001 Q4 | 128.7 | 228.0 | real year on year +1.8% |
| 2000 Q4 | 123.0 | 224.0 | real year on year −0.8% |
| 1999 Q4 | 119.9 | 225.8 | real year on year +0.1% |
| 1998 Q4 | 117.2 | 225.5 | real year on year −0.5% |
| 1997 Q4 | 116.0 | 226.7 | real year on year +4.5% |
| 1996 Q4 | 108.5 | 216.9 | real year on year +0.5% |
| 1995 Q4 | 104.9 | 215.9 | real year on year +4.6% |
| 1994 Q4 | 97.5 | 206.4 | real year on year +8.4% |
| 1993 Q4 | 87.7 | 190.3 | real year on year +8.5% |
| 1992 Q4 | 78.5 | 175.4 | — |
2026 Q2483 · real 483real year on year +1.3%
2025 Q4477 · real 477real year on year +1.5%
2024 Q4470 · real 470real year on year +1.8%
2023 Q4448 · real 461real year on year −0.0%
2022 Q4431 · real 462real year on year +8.0%
2021 Q4369 · real 428real year on year +22.1%
2020 Q4289 · real 350real year on year +5.5%
2019 Q4270 · real 332real year on year +4.3%
2018 Q4255 · real 318real year on year +5.3%
2017 Q4236 · real 302real year on year −0.7%
2016 Q4233 · real 304real year on year +3.0%
2015 Q4223 · real 295real year on year +4.2%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 25740. Real terms by the World Bank's US consumer price index, annual.