59703, Butte, MT

The 59703 zip code of Butte, MT has a median home value of $151,000. This is significantly lower than the national median home value of $217,500. The 59703 zip code also has a low home equity rate of just 5.9%. This is significantly lower than the national average home equity rate of 10.3%.

There are several factors that may contribute to the low home equity rate in the 59703 zip code. One reason may be that Butte is a relatively expensive city to live in. Another reason may be that there are a limited number of homes available for sale in this area, which could lead to higher prices and less competition for buyers. Additionally, Butte residents may have less access to credit than people living in other parts of the country, which could make it more difficult for them to purchase a home.