Helena, MT (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Helena, MT Metro in February 2026 was 37. The month over month percentage change (MoM) was 19.36%, and the year over year percentage change (YoY) was -5.13%.

The chart below shows the trend of the market heat index for the Helena, MT metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Helena, MT metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Helena, MT (Metro) - Trend of Market Heat Index for All Homes
Helena, MT (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 33 NaN NaN
Feb 2018 36 9.09 NaN
Mar 2018 46 27.78 NaN
Apr 2018 53 15.22 NaN
May 2018 58 9.43 NaN
Jun 2018 54 -6.90 NaN
Jul 2018 50 -7.41 NaN
Aug 2018 48 -4.00 NaN
Sep 2018 43 -10.42 NaN
Oct 2018 30 -30.23 NaN
Nov 2018 29 -3.33 NaN
Dec 2018 37 27.59 NaN
Jan 2019 40 8.11 21.21
Feb 2019 41 2.50 13.89
Mar 2019 49 19.51 6.52
Apr 2019 58 18.37 9.43
May 2019 54 -6.90 -6.90
Jun 2019 56 3.70 3.70
Jul 2019 54 -3.57 8.00
Aug 2019 54 0.00 12.50
Sep 2019 52 -3.70 20.93
Oct 2019 49 -5.77 63.33
Nov 2019 45 -8.16 55.17
Dec 2019 51 13.33 37.84
Jan 2020 61 19.61 52.50
Feb 2020 64 4.92 56.10
Mar 2020 69 7.81 40.82
Apr 2020 78 13.04 34.48
May 2020 86 10.26 59.26
Jun 2020 84 -2.33 50.00
Jul 2020 86 2.38 59.26
Aug 2020 78 -9.30 44.44
Sep 2020 81 3.85 55.77
Oct 2020 87 7.41 77.55
Nov 2020 94 8.05 108.89
Dec 2020 99 5.32 94.12
Jan 2021 110 11.11 80.33
Feb 2021 108 -1.82 68.75
Mar 2021 96 -11.11 39.13
Apr 2021 89 -7.29 14.10
May 2021 84 -5.62 -2.33
Jun 2021 78 -7.14 -7.14
Jul 2021 80 2.56 -6.98
Aug 2021 80 0.00 2.56
Sep 2021 75 -6.25 -7.41
Oct 2021 69 -8.00 -20.69
Nov 2021 63 -8.70 -32.98
Dec 2021 60 -4.76 -39.39
Jan 2022 60 0.00 -45.45
Feb 2022 72 20.00 -33.33
Mar 2022 79 9.72 -17.71
Apr 2022 80 1.27 -10.11
May 2022 69 -13.75 -17.86
Jun 2022 66 -4.35 -15.38
Jul 2022 58 -12.12 -27.50
Aug 2022 48 -17.24 -40.00
Sep 2022 48 0.00 -36.00
Oct 2022 53 10.42 -23.19
Nov 2022 47 -11.32 -25.40
Dec 2022 40 -14.89 -33.33
Jan 2023 43 7.50 -28.33
Feb 2023 51 18.61 -29.17
Mar 2023 54 5.88 -31.65
Apr 2023 54 0.00 -32.50
May 2023 52 -3.70 -24.64
Jun 2023 49 -5.77 -25.76
Jul 2023 46 -6.12 -20.69
Aug 2023 42 -8.70 -12.50
Sep 2023 50 19.05 4.17
Oct 2023 39 -22.00 -26.41
Nov 2023 24 -38.46 -48.94
Dec 2023 24 0.00 -40.00
Jan 2024 0 -100.00 -100.00
Feb 2024 58 Infinity 13.73
Mar 2024 51 -12.07 -5.56
Apr 2024 46 -9.80 -14.81
May 2024 41 -10.87 -21.15
Jun 2024 48 17.07 -2.04
Jul 2024 46 -4.17 0.00
Aug 2024 39 -15.22 -7.14
Sep 2024 30 -23.08 -40.00
Oct 2024 41 36.67 5.13
Nov 2024 45 9.76 87.50
Dec 2024 37 -17.78 54.17
Jan 2025 32 -13.51 Infinity
Feb 2025 39 21.88 -32.76
Mar 2025 38 -2.56 -25.49
Apr 2025 34 -10.53 -26.09
May 2025 37 8.82 -9.76
Jun 2025 39 5.41 -18.75
Jul 2025 35 -10.26 -23.91
Aug 2025 29 -17.14 -25.64
Sep 2025 31 6.90 3.33
Oct 2025 31 0.00 -24.39
Nov 2025 31 0.00 -31.11
Dec 2025 25 -19.35 -32.43
Jan 2026 31 24.00 -3.12
Feb 2026 37 19.36 -5.13