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- Median Sale Price: $260,800 (a 3.7% decrease from 2023) suggests that while Butte is a seller’s market, there’s been a slight correction in prices.
- Median Price per Square Foot: $164 reflects the relative affordability of the area compared to some other parts of Montana.
- Days on Market: 67 days, showing that homes are still moving relatively quickly in this seller’s market.
- Price Range: $140,000 to $790,000 means there’s a broad range of homes available, catering to various buyers.
- Buyer Intentions: 46% of buyers are looking to move out of the area, which is an interesting trend to keep in mind. However, with 54% planning to stay, there’s still a good demand for homes locally.
This data suggests there’s still solid interest in Butte, despite the slight price decrease.
If you’re looking to relocate let me help you set realistic expectations and guide through the buying or selling of this great market.
