The housing market in Butte, ND is doing quite well compared to the rest of the country. The median value of a house in Butte is currently $119,200, which is significantly lower than the US median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Butte is 9.41%, which is higher than the national average at 8.27%. This suggests that housing values in Butte continue to increase and are outpacing those of other areas in the United States.
The median home cost in Butte is $119,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Butte is up 10.5%.
Average Age of Homes
- The median age of Butte real estate is 78 years old
The Rental Market in Butte
- Renters make up 6.2% of the Butte population
- 3.2% 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.