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Is Butte, MT 59701 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Butte is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score34/ 100

More competitive than 32% of U.S. ZIP codes, and #1 of 6 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$181▼ −3.0% vs. last year

The Butte housing market right now

In the three months ending August 31, 2026, 0% of homes in Butte, MT 59701 sold above their list price, the typical home went under contract in 57 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 137 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price rose 12% to $344,851. Overall, Butte is about as competitive as it was a year ago.

Run the numbers for 59701

Prefilled for 59701Can I win this house?Multiple-offer likelihood for a listing Prefilled for 59701Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Butte 59750Seller’s market $200 /sq ft Browse all markets →

Towns like Butte nearby

Find towns like Butte in other states →
Anaconda, MT59711 · 20 miles away79% similarsmaller · older residents Deer Lodge, MT59722 · 28 miles away77% similarpricier homes ($31K more) · smaller Boulder, MT59632 · 28 miles away55% similarpricier homes ($31K more) · smaller Whitehall, MT59759 · 24 miles away31% similarpricier homes ($106K more) · smaller

Where Butte is

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Questions about Butte real estate

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

A balanced market: there were 4.6 months of supply in Butte, MT 59701 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Butte?

The typical home went under contract in 57 days in the latest three months.

Do homes in Butte sell over asking?

0% of homes sold above their original list price.

What are property taxes in Butte?

About 0.98% of a home’s value a year in Silver Bow County, or roughly $3,920 on a $400,000 home.

What is the median home price in Butte?

The median sale price was $344,851 in the three months ending August 31, 2026, about $181 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology