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All market snapshots / 59701

Butte, MT 59701 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Butte, MT inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.16
ActiveActive listings: 3131PendingPending sales: 3636
Butte, MT: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $260k$260kSoldMedian sold price (last 6 months): $309k$309k
What homes actually sell for in Butte, MT
Distribution of 236 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $235k to $425k
$120k to $191k: 19 sales$120k$191k to $262k: 53 sales53sales$262k to $334k: 51 sales$262k$334k to $405k: 34 sales$405k to $476k: 26 sales$405k$476k to $548k: 10 sales$548k to $619k: 13 sales$548k$619k to $690k: 7 salesMedian $309k

What the numbers say

As of August 26, 2026, Resideline is tracking 31 active listings and 36 pending sales in ZIP code 59701. That pending-to-active ratio of 1.16 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $260,000, while the median of the 236 closed sales Resideline tracked over the last six months was $309,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 59701 has been on the market for 169 days.

Frequently asked questions

What is the median home price in 59701?

The median closed sale price in Butte, MT 59701 was $309,000 over the last six months, based on 236 closed sales tracked by Resideline. The middle half of those sales ranged from $235,000 to $424,900.

Is 59701 a buyer's or seller's market?

Resideline is currently tracking 36 pending sales against 31 active listings in 59701, a pending-to-active ratio of 1.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 59701 currently looks like a seller's market.

Nearby ZIP code market data

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