Butte, MT

Population: 33,854
Average annual home appreciation rate: -1.05%
Total of homes for sale in this market: 340
Median home price: $124,086
Median Rent: $641 per room
Home price range: 33.39% of homes are between $109,001 – $219,000
Median sales price: NO DATA
Number of homes: 27
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 71.10% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.13%
Number of renters: 34.48%
Number of owner occupied: 65.52%
Number people living below poverty level: 18.52%
Unemployment rate: 3.4%
Is this area perfect for real estate deals going on right now? Data shows, that Butte once was one of the highest appreciating communities in the nation… but that was a little over a year ago, and housing appreciation rates has dipped into a negative trend. Savvy investors see this as opportunity to purchase home due to the home prices starting to stagnate and give lower overall prices. With this, they can buy low, wait our the lull, and enjoy the rising appreciation as the market returns.

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