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Butte, AK

Full City Profile · Alaska · Anchorage Municipality County

3.6 /5.0
B+ Good
3,905 Population 116/sq mi density
$105,625 Median Income $43,028 per capita
$320,100 Home Value $420,936 Zillow
$1,412 Median Rent 24.4% income on rent
37°F Avg Temperature 274 sunny days/yr
182 Violent Crime/100K 2,522 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$105,625 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$320,100 home value, $1,412/mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
B
Education
3.5 / 5.0
30.9% bachelor's degree or higher

Housing Overview

Median Home Value
$320,100
14% above
US avg: $281,900
Median Rent
$1,412/mo
21% above
US avg: $1,163/mo
Homeownership Rate
80.8%
24% above US avg (65.4%)
Total Housing Units
1,466
Median year built: 1992

Home Value by Source

Census Median
$320,100
Zillow (ZHVI)
$420,936
Median Sale Price
$274,500
Median List Price
$437,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.8%
Owner-Occupied
19.2%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo
Census median rent: $1,412/mo

Market Indicators (Redfin)

Median Days on Market
6 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$77
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
80.8%

Complete Housing Data

Home Values

Census Median Value$320,100
Zillow Home Value (ZHVI)$420,936
Median Sale Price$274,500
Median List Price$437,500
Price Per Sq Ft$77

Rent

Census Median Rent$1,412
FMR Studio$1,061
FMR 1-Bedroom$1,194
FMR 2-Bedroom$1,467
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,304

Market

Days on Market6
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$77

Ownership & Stock

Owner-Occupied80.8%
Renter-Occupied19.2%
Homeownership Rate80.8%
Total Housing Units1,466
Median Year Built1992
Rent Burden24.4%