Market Intelligence Report — MT-580

Butte-Silver Bow, MT

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MT-09
As of the latest 2026 data
Cooling

Median Listing

$298K
-18.7% YoY

Pending Ratio

0.35
+2.0% YoY

Active Inventory

168
+3.1% YoY

Median DOM

71 Days
+9.6% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Butte-Silver Bow market?

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The Butte-Silver Bow market is currently Cooling, characterized by a pending ratio of 0.35. This indicates that demand absorption is moderate relative to available inventory, positioning the market within the Cooling segment, which is defined by pending ratios between 0.25 and 0.44.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Butte-Silver Bow market right now.

Active listings have seen a modest year-over-year increase of 3.1%, contributing to a total inventory of 168 units. New listings, however, contracted by 8.3% over the past year. The median listing price has declined by 18.7% year-over-year to $297,750, while median days on market increased by 9.6% year-over-year to 71 days, suggesting properties are taking longer to move from listing to contract. The pending ratio saw a positive year-over-year change of 2.0%, though it remains at a level indicative of a cooling environment.

Historical Analysis

Market Trends

Median Price

$298K+0.9% MoM

Active Inventory

168+3.1% YoY

Days on Market

71+9.6% YoY

Sold Score™

48+2.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

48
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this Cooling environment, negotiating leverage is shifting, with the extended median days on market (71 days) and a significant year-over-year decline in median listing prices (-18.7%) suggesting that buyers have more opportunity for price discipline. The pace of transactions is slower, and the moderate inventory growth offers buyers more time for consideration, reducing pressure for rapid decisions.

Luxury Segment

The average listing price has declined by 17.9% year-over-year to $408,606, closely aligning with the 18.7% year-over-year decrease in the median listing price. The median price per square foot has also contracted by 6.1% year-over-year to $206, with no significant divergence between average and median price movements to suggest distinct softness specifically at the top tier of the market. No distinct luxury-segment signal in this dataset.

Supply Dynamics

168 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
18.8%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -6.1% year-over-year.

Absorption
0.35

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Butte-Silver Bow, MT? Homes here are taking 6 days longer to sell than last year.

Buyers have leverage in Butte-Silver Bow, MT. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
35%
Median Days on Market
71 days
Inventory YoY
+3%

In a buyer's market, strategy beats timing. See how your home scores in Butte-Silver Bow, MT and what moves the number.

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Metro Demographics

Metro Area
Butte-Silver Bow, MT
CBSA Code
15580
State
MT

ZIPs in Butte-Silver Bow, MT

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Butte-Silver Bow?+

    As of the latest 2026 data, the Butte-Silver Bow metro is classified as Cooling. Pending ratio is 0.35 with median days on market at 71.

  • Are home prices dropping in Butte-Silver Bow?+

    Median listing price is $298K, -18.7% year over year. 18.8% of active listings carry a price reduction.

  • How fast are homes selling in Butte-Silver Bow?+

    The typical listing sits 71 days on market, a +9.6% change YoY. New listings are arriving at 44 per month.

  • What's happening in the Butte-Silver Bow luxury market?+

    The average listing price has declined by 17.9% year-over-year to $408,606, closely aligning with the 18.7% year-over-year decrease in the median listing price. The median price per square foot has also contracted by 6.1% year-over-year to $206, with no significant divergence between average and median price movements to suggest distinct softness specifically at the top tier of the market. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Butte-Silver Bow real estate expert?+

    Primpted maintains a vetted registry of Butte-Silver Bow agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 15580 · 36mo history