Helena is the state capital of Montana and historically grew around the gold rush in the late 19th century. It remains a governmental, cultural and regional hub. Within the Helena area you’ll find the downtown historic core, the Helena Valley, residential suburbs, and more rural lands and recreation areas around. Housing includes historic downtown homes (Victorian/turn-of-the-century), mid-century suburbs, up to custom homes in the valley and nearby hills. The built‐environment transitions from urban in Helena city to suburban and rural in the surrounding valley. Market data shows average home value in Helena at $469,910 (Zillow) with a 2.9% one-year increase. Listings on Realtor.com show median listing prices around $470,000. For new construction or building on land, depending on valley lot size, finish level and views, one might expect typical build costs + land might push total into the $400K+ zone, and larger premium homes certainly higher. Helena offers a mix of capital-city services, cultural amenities and access to outdoor lifestyle, with somewhat more moderate home prices compared to ultra-hot growth markets in Montana.