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Butte, MT Real Estate


According to census data in the year 2000 there were 15,841 housing units in Butte. This represents a 4.4% growth from 15,180 in 1990.

Of those housing units, 14,206 were located in either urbanized areas or urban clusters, and 1,635 were located in what is classified as a rural area.

Homeownership rate in Butte is about 70.2%. Butte's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Butte were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom17.10%
Two Bedrooms29.40%
Three Bedrooms31.60%
Four Bedrooms14.60%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1953
Median Value of occupied units$75,900
Median Price asked for vacant units$52,600

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1950
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.70%
Home Equity Loan7.80%
Simple Mortgage43.40%
Debt Free43.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%