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Featured local agent — Butte, AK

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Butte, AK

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Butte, AK(512) 555-0184TX License #0512847

Visit website →sarahmitchellhomes.com

5.0 · 47 reviews

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Butte, AK Housing Market & Real Estate

Seller's market+6.1% YoY

Housing market overview · Updated monthly · Data refreshed May 2026

$490,000median sale price

How is the Butte, AK housing market right now?

The median home sale price in Butte, AK is $490,000, up 6.1% year-over-year. Homes sell in an average of 23 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Seller's market1.7 months of supply23 avg. days on market

Butte, AK is currently a seller's market, based on 1.7 months of supply and homes selling in about 23 days. How we determine this →

Homes sold

Last 12 weeks

Days on market

Average pace

Active listings

1.7 months supply

Sale-to-list

99.8%

Below asking

What does the Butte housing market data show?

Current housing market statistics for Butte, AK
Metric	Value
Median sale price	$490,000
Median list price	$625,000
Year-over-year price change	+6.1%
Average days on market	23 days
Active inventory	10 listings
Months of supply	1.7 months
Sale-to-list price ratio	99.8%
Median price per sq ft	$258/sq ft
Homes sold (latest month)	6
New listings (latest month)	9
Listings with a price cut	10.0%
Market condition	Seller's market

Source: Redfin · Updated monthly

How much do homes cost in Butte by property type?

How the Butte, AK market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Butte, AK
Property type	Median price	Price / sq ft	Homes sold	Days on market
Single-family	$490,000	$258/sq ft	6	23 days

Source: Redfin · Updated monthly

The Butte housing market is currently classified as a seller's market with a median sale price of $490,000. Prices have risen 6.1% compared to last year, with homes spending an average of 23 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Butte

There are currently 10 homes listed for sale in Butte, Alaska. The median listing price is $625K. Featured listings range from $165,000 to $869,900.

$165,000

5 bd4 ba2,981 sqft$292/ft²

House40,075 sqft lot

View photos & details

Looking to buy in Butte?

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Active listings

Homes on market

Median list price

$625K

Avg. days on market

Days until sale

New this week

Newly listed

Price drops:10.0%of listings

Sale-to-list:99.8%

Who lives in Butte?

Population

3,905

Median income

$105,625/yr

Median age

40.1 years

Owner-occupied

80.8%

College grads

30.9%

Avg commute

33.8 min

Source: U.S. Census Bureau ACS

What is it like to live in Butte?

Butte is a community of approximately 4K residents with a median age of 40.1 years.The median household income is $105,625, which reflects a relatively affluent area with strong earning potential. 30.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 80.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Butte offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Butte, AK?

Want a head-to-head view? Compare Butte side-by-side with any other U.S. city using our market-comparison tool.

Knik River

Palmer

Gateway

Lazy Mountain

Farm Loop

Buffalo Soapstone

South Lakes

Lakes

Frequently asked questions

What is the average home price in Butte?

The median home sale price in Butte is $490,000, up 6.1% from last year.

How long do homes stay on market in Butte?

Homes typically spend 23 days on market before going under contract.

What is the median income in Butte?

The median household income is $105,625 per year.

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

With 1.7 months of supply, Butte is currently a seller's market.

How many homes are for sale in Butte?

There are currently 10 homes listed for sale in Butte, AK.

How much does a single-family home cost in Butte?

The median single-family home price in Butte, AK is $490,000 (about $258 per square foot).

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