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Housing in Butte

40 homes sold in Butte in the last year, at a typical $485K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Butte homes are listed.

Homes sold
40
June 2025 to May 2026
Typical sale price
$485K
median, weighted by sales
Price per square foot
$252
Alaska $243
Paid vs. asking
99.2%
20% sold over asking
For sale now
10
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 95% of Butte’s sales, at a typical $486K

40 homes sold in the year to May 2026.

Houses$486K

typical sale · 38 sold in 12 months

Per square foot
$259AK $248
Days to sell
36
Sold over asking
21%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $462K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

40 sales in the last year, against 54 in 2021 and a low of 28 in 2012. The typical sale went from $273K in 2016 to $485K.

Homes soldTypical sale price
0255075100$225K$350K$475K$600K2012: 28 sold, typical $215K’122013: 31 sold, typical $219K2014: 41 sold, typical $210K’142015: 45 sold, typical $259K2016: 35 sold, typical $273K’162017: 29 sold, typical $274K2018: 52 sold, typical $253K’182019: 31 sold, typical $269K2020: 40 sold, typical $331K’202021: 54 sold, typical $370K2022: 47 sold, typical $443K’222023: 35 sold, typical $513K2024: 34 sold, typical $515K’242025: 41 sold, typical $462KLast 12 months: 40 sold, typical $485KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Butte

Houseat $259 a sq ft
The same money in Alaskaat $248 a sq ft

Is this asking price fair?

Check a listing against what Butte homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Butte are back to pre-pandemic levels, but 44% fewer homes come up for sale

We read every month of Butte’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 40 sales.

If you’re buying in Butte

  • Shop in May. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Bid near asking. Buyers paid 99.2% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 36 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 7 a month), and the most competition: 35% close over asking. September has the least competition (11%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 23% sold over asking, 98 days to sellJFeb: 4 new listings a month, 12% sold over asking, 136 days to sellFMar: 4 new listings a month, 32% sold over asking, 86 days to sellMApr: 6 new listings a month, 22% sold over asking, 75 days to sellAMay: 7 new listings a month, 35% sold over asking, 62 days to sellMJun: 5 new listings a month, 27% sold over asking, 53 days to sellJJul: 6 new listings a month, 26% sold over asking, 47 days to sellJAug: 3 new listings a month, 30% sold over asking, 48 days to sellASep: 3 new listings a month, 11% sold over asking, 76 days to sellSOct: 3 new listings a month, 12% sold over asking, 71 days to sellONov: 1 new listings a month, 35% sold over asking, 75 days to sellNDec: 2 new listings a month, 32% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Alaska as a whole

Butte now2017–192021 peakAK now
Sold over askingShare of sales that closed above the list price20%18%39%24%
Gone within two weeksShare of homes under contract within 14 days33%1%54%37%
Listings with a price cutShare of homes for sale that cut their price27%—23%26%
Price paid vs. askingAverage sale price ÷ list price99.2%98.4%101.3%99.1%
Days to sellMedian days from listing to contract36983533
Supply

8 homes for sale on a typical day

That’s 1.2 times the 2024 low (7), 44% fewer than in 2017–19 and well under 2013’s 20.

2012: 16 for sale’122013: 20 for sale2014: 20 for sale2015: 15 for sale’152016: 15 for sale2017: 15 for sale2018: 17 for sale’182019: 12 for sale2020: 12 for sale2021: 7 for sale’212022: 10 for sale2023: 8 for sale2024: 7 for sale’242025: 9 for saleLast 12 months: 8 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 26% across Alaska.

2020: 16%’202021: 23%2022: 27%2023: 35%’232024: 26%2025: 34%Last 12 months: 27%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Butte home costs about $3,033 a month

Mortgage
Property tax
Insurance
Rent

Price: Butte’s typical sale, last 12 months. Property tax at Butte’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Butte is affordable on local pay is on Cost of living.

Before you buy in Butte

Six things worth knowing

7

New listings in May

The month with the most choice. November has the fewest, about 1.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $485K home, about $6,030 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Butte, from test results, graduation and how much students grow.

Schools in Butte
34 min

Typical commute

The average one-way trip to work for people who live in Butte.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Farm Loop and Wasilla sell for less a square foot

The busier markets within 25 miles of Butte, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
North Lakes142$452K$25329%29
Gateway138$495K$27128%44
Wasilla129$483K$24225%33
Palmer83$387K$25727%27
South Lakes61$435K$24530%43
Farm Loop47$524K$23934%36
Butte40$485K$25220%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Butte, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Butte. People who follow the town see it, and so do people comparing Butte with their own town. No commission, no listing fee.

Questions about buying a home in Butte

What do homes sell for in Butte, AK?

40 homes sold in the year to May 2026 at a typical $485K, $252 a square foot.

Is Butte a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 6 sold, about 1.7 months of supply. Buyers paid 99.2% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Butte?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Butte?

About 1.2% of a home’s value a year. On a $485K home that’s near $6,030.

Where can I see homes for sale in Butte?

Zillow, Redfin, Realtor.com and Homes.com all carry Butte’s MLS listings; the search links above open each one filtered to Butte.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).