35Alpha

Butte, MT metro area Housing Market Brief

metro · as of May 2026

Buyer's

What is Butte, MT metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-2.746
Inventory Health25%
-8.934
Affordability20%
24
Economic Strength20%
No data
50
Rental Yield15%
17

Where is Butte, MT metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Butte, MT metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Butte, MT metro area housing market data

MetricValueYoY
Median Sale Price$295K-9.6%
Median Days on Market59 days▲ +15.7%
Months of Supply4.8▲ +60%
Homes for Sale186▲ +20.8%
Homes Sold39-25%
Median Price / Sq Ft$228▲ +28.7%
Sale-to-List Ratio97.0%

How has Butte, MT metro area’s Alpha Score moved?

Now: 35
4-period trend
Median sale price · 12 mo

Markets like Butte, MT metro area

Frequently asked questions

Is Butte, MT metro area a buyer's or seller's market?

As of May 2026, Butte, MT metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Butte, MT metro area?

The median sale price in Butte, MT metro area is $295K, having fallen 9.6% over the past year.

How affordable is Butte, MT metro area?

Butte, MT metro area scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Butte, MT metro area's Alpha Score?

Butte, MT metro area's strongest dimension is Economic Strength (50/100) and its weakest is Rental Yield (17/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Butte, MT metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.