Butte City, ID is a great place to buy a house right now. The median value of housing in Butte City is $109,100, considerably lower than the national median value of $338,100. Additionally, the 1 year house appreciation rate in Butte City is 15.93%, more than double the US average of 8.27%. This means that purchasing a home in Butte City could be a great investment as prices are likely to continue to rise over time.
The median home cost in Butte City is $109,100. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Butte City is up 21.2%.
Average Age of Homes
- The median age of Butte City real estate is 41 years old
The Rental Market in Butte City
- Renters make up 9.5% of the Butte City population
- 11.5% of houses and apartments in Butte City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.