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.
Home Trends in Butte, AK
On average, homes in Butte, Anchorage sell after 40 days on the market compared to the national average of 70 days. The median sale price for homes in Butte, Anchorage over the last 12 months is $492,990, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$492,990
Median Single Family Sale Price
$1,099,350
Median Townhouse Sale Price
$324,990
Median 2 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$1,426
Number of Homes for Sale
5
Last 12 months Home Sales
21
Median List Price
$649,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-7%