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Butte Housing Market Report July 2025•Silver Bow County, Montana

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Housing Prices in Butte, MT

How much do homes in Butte, MT cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Butte is a Seller's Market

Difference Since July 2024

Since last year, Butte has remained a Seller's Market.

Insight

Butte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$285,000$167/SqFt
+$28,700
+11.2%

Based on all homes sold in the last 12 months

Insight

Homes in Butte have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Butte was $285,000 in July 2025, up 11.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJul 2024Jul 2025Change YoY
1$167.4K$155K
-7.4%
2$205K$225K
+9.8%
3$280K$305K
+8.9%
4$369.5K$360K
-2.6%
5$550K$509K
-7.5%

Summary: Butte housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.4%. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes decreased by -2.6%. The home price for 5 bedroom homes decreased by -7.5%.

How does Butte, MT compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Butte, MT

Housing supply in Butte, MT

How many homes are available in Butte, MT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
251Last MonthJul 2025
2412 months agoJun 2025
+4.1 %
Change MoMJun – Jul

Summary: The Butte real estate market had 251 homes for sale in Jul 2025, a 4.1 % increase compared to Jun 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
56Last MonthJul 2025
522 months agoJun 2025
+7.7 %
Change MoMJun – Jul

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJun 2025Jul 2025Change MoM
11212
0.0%
25857
-1.7%
37992
+16.5%
45755
-3.5%
53535
0.0%

Summary: Butte housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -1.7%. The inventory for 3 bedroom homes increased by +16.5%. The inventory for 4 bedroom homes decreased by -3.5%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Butte, MT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price14 Homes

At Asking Price8 Homes

Under Asking Price34 Homes

Insight

If you're buying a home in Butte, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Butte in July 2025, up by 7.7% month-over-month. Of the 56 sold homes, 61% were sold under asking, 14% were sold at asking, and and 25% were sold over asking.

Days on Market for Butte, MT

How long does it take to sell a home in Butte, MT?

Breakdown of Home Sale Times

Under 30 Days19 Homes

30 – 90 Days20 Homes

Over 90 Days17 Homes

Insight

Avg time on Rocket Homes in Butte has remained consistent over time.

Summary: During July 2025, 56 homes were sold in Butte; 34% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
80 DaysThis YearJul 2025
58 Days1 year agoJul 2024
+38.8 %
Change YoYJul 2024 – Jul 2025

Summary: Homes in Butte had an average listing age of 80 days in Jul 2025, up by 38.8% compared to the previous year.

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Newest Listings in Butte, MT

What homes are available in Butte, MT?

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Nearby markets

Nearby markets aren't available for Butte, MT

Popular Cities with Homes for Sale in Montana

MLS Disclaimers and Copyright

Based on information from Big Sky Country MLS, and Montana Regional MLS for the period 08/01/2023 - 08/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.