Why Live in Butte
Butte, located near Anchorage, Alaska, is known for its unique natural landscape, including the mini-mountain Bodenburg Butte, which offers stunning 360-degree views of the Mat-Su Valley. The area is characterized by its rich soil, supporting reindeer farms, you-pick farms, and plant nurseries. Residents appreciate the rural, peaceful setting and the variety of home styles, from 1980s log homes to modern five-bedroom houses with mountain views. The neighborhood is part of the Matanuska-Susitna Borough School District, with schools that have above-average ratings. Outdoor enthusiasts enjoy activities such as hiking, ATV riding, off-roading at Jim Creek, and dogsledding at the Eklutana Trailrace. The Alaska Raceway Park provides motorsport entertainment, though it can be noisy during events. Dining options within Butte are limited, with The Butte Burger Place being a local favorite, while nearby Palmer offers more diverse eateries like Palmer Alehouse and Turkey Red. Grocery shopping can be done at Alaska International Market and local produce stands like Bushes Bunches Produce Stand and Arctic Organics. Despite its rural charm, Butte is a growing area, attracting new residents, particularly retirees from the lower 48 states, who appreciate the affordability and buildability of the land.
Frequently Asked Questions
Is Butte a good place to live?
Butte is a good place to live. Butte is considered very car-dependent and somewhat bikeable. Butte is a rural neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Butte has 5 parks for recreational activities. It is sparse in population with 0.2 people per acre and a median age of 42. The average household income is $116,106 which is above the national average. College graduates make up 28.6% of residents. A majority of residents in Butte are home owners, with 19% of residents renting and 81% of residents owning their home. A
local real estate agent serving Butte can help you decide if this neighborhood is the right one for you. Learn more on our
Butte neighborhood guide.
Is Butte, AK a safe neighborhood?
Butte, AK is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Butte?
The median home price in Butte is $482,000. If you put a 20% down payment of $96,400 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $2,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in Butte. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Butte is $116K.
What are the best public schools in Butte?
The best public schools that serve Butte are:
What are the most popular zip codes in Butte, Anchorage, AK?
What are the most popular neighborhoods near Butte, Anchorage, AK?
Are home prices dropping in Butte?
Yes, home prices in Butte are down 11% in the last 12 months.
Home Trends in Butte, AK
On average, homes in Butte, Anchorage sell after 45 days on the market compared to the national average of 53 days. The median sale price for homes in Butte, Anchorage over the last 12 months is $442,450, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$442,450
Median Single Family Sale Price
$467,000
Average Price Per Sq Ft
$253
Number of Homes for Sale
2
Last 12 months Home Sales
38
Median List Price
$482,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-15%
