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Permit-issuing place

Helena

Lewis and Clark County · Helena, MT · Montana · 35,138 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Lewis and Clark County index 1976–2025
FHFA house price index for Lewis and Clark County, which contains Helena, 1976 to 2025Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,105
Lewis and Clark County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Lewis and Clark County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Helena, Montana (Lewis and Clark County), authorised 495 housing units through building permits in the 12 months to August 2026, +67.8% on the previous 12 months.

71 of those units were single-family houses (14%), 130 were in two- to four-unit buildings and 294 in buildings of five or more units. That is 14.1 units per 1,000 residents, well above the county's 6.9 and well above the state's 4.8.

Since 1995 the place has authorised 4,946 units, with the busiest year 2024 (389 units). Lewis and Clark County's FHFA house price index rose +110.6% over the ten years to 2025.

495units permitted, 12 months to August 2026+67.8% on the previous 12 months
71single-family units14% of the total
294units in 5+ unit buildings59% of the total
14.1units per 1,000 residentsLewis and Clark County 6.9 · Montana 4.8

Permits by month and structure type

Housing units authorised in Helena by month, latest 24 months0200400Sep 2024: 9 units (5 single-family, 4 in multi-unit buildings)Sep 2024Oct 2024: 44 units (3 single-family, 41 in multi-unit buildings)Nov 2024: 81 units (5 single-family, 76 in multi-unit buildings)Dec 2024: 17 units (4 single-family, 13 in multi-unit buildings)Dec 2024Jan 2025: 3 units (3 single-family, 0 in multi-unit buildings)Feb 2025: 5 units (3 single-family, 2 in multi-unit buildings)Mar 2025: 1 units (1 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 10 units (6 single-family, 4 in multi-unit buildings)May 2025: 41 units (7 single-family, 34 in multi-unit buildings)Jun 2025: 6 units (2 single-family, 4 in multi-unit buildings)Jun 2025Jul 2025: 22 units (5 single-family, 17 in multi-unit buildings)Aug 2025: 56 units (5 single-family, 51 in multi-unit buildings)Sep 2025: 12 units (8 single-family, 4 in multi-unit buildings)Sep 2025Oct 2025: 11 units (5 single-family, 6 in multi-unit buildings)Nov 2025: 21 units (7 single-family, 14 in multi-unit buildings)Dec 2025: 5 units (3 single-family, 2 in multi-unit buildings)Dec 2025Jan 2026: 8 units (4 single-family, 4 in multi-unit buildings)Feb 2026: 18 units (10 single-family, 8 in multi-unit buildings)Mar 2026: 316 units (6 single-family, 310 in multi-unit buildings)Mar 2026Apr 2026: 8 units (6 single-family, 2 in multi-unit buildings)May 2026: 8 units (8 single-family, 0 in multi-unit buildings)Jun 2026: 16 units (2 single-family, 14 in multi-unit buildings)Jun 2026Jul 2026: 60 units (8 single-family, 52 in multi-unit buildings)Aug 2026: 12 units (4 single-family, 8 in multi-unit buildings)

Housing units authorised in Helena by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026HelenaLewis and Clark CountyMontanaUnited States
All housing units4955225,4571,418,086
Single-family (1 unit)71 (14%)98 (19%)2,709 (50%)888,241 (63%)
2 units262626434,814
3–4 units10410433817,298
5 or more units294 (59%)294 (56%)2,146 (39%)477,733 (34%)
Units per 1,000 residents14.16.94.84.1
Change on previous 12 months+67.8%+49.1%+4.9%−0.1%

Permits by year since 1995

Housing units authorised in Helena by year, 1995–202502004001995: 149 units (31 single-family, 118 in multi-unit buildings)19951996: 213 units (43 single-family, 170 in multi-unit buildings)1997: 94 units (25 single-family, 69 in multi-unit buildings)1998: 69 units (45 single-family, 24 in multi-unit buildings)1999: 50 units (34 single-family, 16 in multi-unit buildings)2000: 95 units (40 single-family, 55 in multi-unit buildings)20002001: 60 units (56 single-family, 4 in multi-unit buildings)2002: 103 units (51 single-family, 52 in multi-unit buildings)2003: 86 units (56 single-family, 30 in multi-unit buildings)2004: 121 units (99 single-family, 22 in multi-unit buildings)2005: 167 units (103 single-family, 64 in multi-unit buildings)20052006: 173 units (101 single-family, 72 in multi-unit buildings)2007: 151 units (60 single-family, 91 in multi-unit buildings)2008: 77 units (46 single-family, 31 in multi-unit buildings)2009: 95 units (65 single-family, 30 in multi-unit buildings)2010: 167 units (78 single-family, 89 in multi-unit buildings)20102011: 156 units (83 single-family, 73 in multi-unit buildings)2012: 180 units (74 single-family, 106 in multi-unit buildings)2013: 131 units (60 single-family, 71 in multi-unit buildings)2014: 338 units (52 single-family, 286 in multi-unit buildings)2015: 170 units (76 single-family, 94 in multi-unit buildings)20152016: 175 units (51 single-family, 124 in multi-unit buildings)2017: 144 units (42 single-family, 102 in multi-unit buildings)2018: 186 units (55 single-family, 131 in multi-unit buildings)2019: 204 units (48 single-family, 156 in multi-unit buildings)2020: 249 units (43 single-family, 206 in multi-unit buildings)20202021: 211 units (53 single-family, 158 in multi-unit buildings)2022: 91 units (53 single-family, 38 in multi-unit buildings)2023: 259 units (48 single-family, 211 in multi-unit buildings)2024: 389 units (44 single-family, 345 in multi-unit buildings)2025: 193 units (55 single-family, 138 in multi-unit buildings)2025

Housing units authorised in Helena by year, 1995–2025single-family2+ unit buildings

4,946 units since 1995; the busiest year was 2024. Annual figures include units imputed for months a place did not report.

Home prices in Lewis and Clark County

FHFA's index for Lewis and Clark County rose +110.6% over the ten years to 2025 (+7.7% a year) and +5.1% in the latest year, against +105.0% and +2.3% for Montana. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Helena, MT?

495 housing units were authorised by building permits in the 12 months to August 2026, against 295 in the previous 12 months.

What kind of housing is being permitted in Helena?

71 single-family units, 26 in two-unit buildings, 104 in three- and four-unit buildings and 294 in buildings of five or more units.

How does Helena compare with its county and state?

14.1 units per 1,000 residents in Helena, 6.9 in Lewis and Clark County and 4.8 in Montana.

How have home prices moved in Lewis and Clark County?

FHFA's index for Lewis and Clark County rose +110.6% over the ten years to 2025 and +5.1% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 313000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.