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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Helena, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Helena, AL Housing Market Trends

With 21,862 people, 7,480 houses or apartments, and a median cost of homes of $440,374, Helena real estate is some of the most expensive in Alabama, although Helena home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Helena, accounting for 92.41% of the city's housing units. Other types of housing that are prevalent in Helena include row houses and other attached homes ( 3.57%), large apartment complexes or high rise apartments ( 2.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Helena. Owner-occupied housing accounts for 90.93% of Helena's homes, and 74.62% have either three or four bedrooms, which is average sized relative to America.

Helena homes and real estate are some of the newest in America. 48.47% of Helena's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Helena real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 47.88%), and between 1940-1969 ( 2.77%).

Helena Home Appreciation Rates

Appreciation rates for homes in Helena have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.10%, which ranks in the top 40% nationwide. This equates to an annual average Helena house appreciation rate of 7.07%.

NeighborhoodScout's data show that during the latest twelve months, Helena's appreciation rate, at 6.60%, has been at or slightly above the national average. In the latest quarter, Helena's appreciation rate has been 2.58%, which annualizes to a rate of 10.72%.

Relative to Alabama, our data show that Helena's latest annual appreciation rate is higher than 70% of the other cities and towns in Alabama.

Average Home Values

Median Home Value

$440,374

Helena, AL Home Prices
> $1,433,000
$1,075,001 - $1,433,000
$717,001 - $1,075,000
$573,001 - $717,000
$430,001 - $573,000
$286,001 - $430,000
$143,001 - $286,000
$72,001 - $143,000
$0 - $72,000
0.4%
0.4%
0.3%
0.3%
5.0%
5.0%
9.5%
9.5%
22.1%
22.1%
42.4%
42.4%
17.7%
17.7%
0.5%
0.5%
2.1%
2.1%
0% 100.0%
% of Homes
Very High

for Alabama

High

for nation

Number of Homes And Apartments:

7,480

Helena Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,106 / per month

Homeownership Rate

Owners
Renters
90.9%
90.9%
9.1%
9.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.1%
6.1%
93.9%
93.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
48.5%
48.5%
47.9%
47.9%
2.8%
2.8%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
92.4%
92.4%
3.6%
3.6%
1.1%
1.1%
2.2%
2.2%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.1%
2.1%
0.0%
0.0%
7.0%
7.0%
46.9%
46.9%
27.7%
27.7%
16.3%
16.3%
0% 100.0%
% of Homes