Markets/Montana/Butte-Silver Bow

Butte-Silver Bow, MT Real Estate Market 2026

Investor-grade market analytics for Butte-Silver Bow, Montana. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$292,640

+4.8% year-over-year

Est. Rental Yield

5.5%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

➡️
Neutral
4.8mo supply · Score 0/7

Migration: Top 45% nationally

Income Migration

➡️ Neutral1.01x

In-migrants avg $48,829 AGI vs out-migrants $48,148

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Opportunity Zone Market

1 ZIP codes in Butte-Silver Bow are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Butte-Silver Bow Market Summary

Butte-Silver Bow, MT shows steady growth at 4.8% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.09x, above the national average of 4.8x. Modest net positive migration (+20 returns/year) provides steady demand support. Climate risk remains low (10/100), favorable for long-term investment stability. Rental yield of 5.47% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score70/100
Price-to-Income Ratio5.1x (national avg 4.8x)
Median Household Income$57,504

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Butte-Silver Bow, MT's primary climate exposure is wildfire (25/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Butte-Silver Bow dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.