Butte, AK is a great place to live for those looking for affordable housing options. The median value of housing in Butte is $290,700, which is significantly lower than the US median value of $338,100. Not only this, but the 1 year house appreciation rate in Butte is 11.27%, higher than the US average of 8.27%. This makes Butte an attractive option for anyone looking to benefit from a good return on their investment when buying a home.
The median home cost in Butte is $290,700. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Butte is up 14.0%.
Average Age of Homes
- The median age of Butte real estate is 30 years old
The Rental Market in Butte
- Renters make up 13.9% of the Butte population
- 1.8% of houses and apartments in Butte, 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.