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Featured local agent — Butte City, ID

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Sarah Mitchell

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Compass Real Estate · Butte City, ID

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

Butte City, ID(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Butte City, ID Housing Market

Leaning buyer's
Redfin, through October 2025 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $135,000 (through May 2026). With homes going under contract in about 83 days, Butte City is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $135,000 home is about $694/mo in principal and interest.

Key numbers for Butte City, ID

Median sale price

$135,000

Last published period

Redfin, through October 2025

Days on market

83

Slow-moving

Redfin, through October 2025

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Leaning buyer's83 days on market

Butte City, ID is a leaning buyer's and homes selling in about 83 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Butte City housing market data show?

Every row below is Redfin's final published month for Butte City, ID. Redfin, through October 2025

Housing market statistics for Butte City, ID, Redfin through May 2026
MetricValue
Median sale price$135,000
Median price per sq ft$176/sq ft
Median days on market83 days
Homes sold (that month)1
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Butte City is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Butte City is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Butte City home prices moved?

Across the 4 months we hold for Butte City, ID, the median sale price rose 42.1%, from $95,000 in October 2021 to $135,000.

Redfin, through October 2025 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Butte City?

Priced off the median sale price of $135,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Butte City, ID
Down paymentCash at closeLoan amountMonthly P&I
20%$27,000$108,000$694/mo
5%$6,750$128,250$824/mo

Redfin, through October 2025 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $694, that implies roughly $29,744 a year before you add taxes and insurance. We do not hold a Census income figure for Butte City, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Butte City in the next 12 months?

Tell us your timeline. We send the Butte City market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Butte City?

Zillow does not publish a rent index (ZORI) for Butte City, ID, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Butte City?

We hold fewer than two months of inventory readings for Butte City, ID, so there is no trend to report yet.

How does Butte City compare to Idaho and the U.S.?

Butte City homes sell for $135,00073% below the Idaho median of $503,400. Against the national median of $410,700, Butte City runs 67% lower.

Butte City, ID compared with Idaho and the United States
MarketMedian sale priceYoYDays on market
Butte City, ID$135,000not published83 days
Idaho statewide$503,400+1.3%35 days
United States$410,700not publishednot published

City and state rows: Redfin, through October 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Butte City

What buyers should watch

  • The gap between 5% and 20% down here is $130 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $135,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Butte City listing goes under contract in 83 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Comparable ZIP-level pricing inside Butte City varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Butte City

Explore homes currently listed for sale in Butte City, Idaho across major real estate platforms.

How much do homes cost in Butte City by property type?

How the Butte City, ID market breaks down across single-family homes, condos and townhouses. Redfin, through October 2025

Median price, price per square foot, homes sold and days on market by property type in Butte City, ID
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$135,000$176/sq ft183 days

Who lives in Butte City?

American Community Survey estimates for Butte City. U.S. Census ACS, 2023

Population

97

Households

62

Median age

69.5 years

Owner-occupied

62.9%

Median home value

$75,800

Median gross rent

$381/mo

Mean commute

31.6 min

62.9% of occupied homes in Butte City are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Butte City, ID?

Ordered by distance from Butte City, not by size. Compare Butte City side by side with any of them.

Butte City housing market FAQ

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

Butte City, ID is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.

How much do homes cost in Butte City?

The median sale price in the last month Redfin published was $135,000, about $176 per square foot.

Is Butte City cheaper than the rest of Idaho?

Butte City's median sale price of $135,000 is 73% lower than the Idaho statewide median of $503,400, and 67% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Butte City?

Homes in Butte City, ID spent a median of 83 days on market before going under contract, versus 35 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Butte City?

At the current 30-year fixed rate of 6.66%, 20% down on a $135,000 home is about $694 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $29,744 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Butte City?

We do not hold a complete 12-month value series for Butte City, ID yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Butte City?

Butte City ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Butte City?

That depends on your timeline, not on a headline. What the data says today: Butte City, ID is a leaning buyer's, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.