Butte, MT metro area Housing Market

Cold Market

Comprehensive housing market data for the Butte, MT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$300K

8.3% YoY

Days on Market

108 days

10.2% YoY

Active Inventory

150

10.3% YoY

Homes Sold

36

20.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Butte, MT metro area Market Summary

The Butte, MT metro area housing market is cooling down. As of March 2026, the median home sale price is $300K, down 8.3% year-over-year. Homes are spending a median of 108 days on the market, 10.2% longer than a year ago.

There are 150 homes for sale — 10.3% more than last year. With 4.2 months of supply, this is a balanced market. 66 new listings were added during this period, up 46.7% year-over-year.

0.0% of homes sell above their asking price. 16.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 4.2
Days on Market 108
Price Drops 16.7%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 31.3%
Days on Market (National: 55) 96.4%
Inventory (National: 1,314,690) 100.0%

vs. Montana Median

Median Price (Montana: $505K) 40.6%
Days on Market (Montana: 115) 6.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 31% below the national median, which could indicate stronger cash flow potential.

Butte, MT metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$300K

Price per Sq Ft

$197

Sale-to-List Ratio

N/A

Months of Supply

4.2

Sold Above List

0.0%

Price Drops

16.7%

New Listings

66

46.7% YoY

Pending Sales

56

Off Market in 2 Weeks

35.7%

Analyze a deal in Butte, MT metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.