Is Butler, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butler is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Butler has remained a Seller's Market.

Key Takeaway

Butler is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Butler, WI

How much do homes in Butler, WI cost?

Median Sold Price

$260,000

$211/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Butler has remained the same since last year.

Summary: The median home sold price in Butler was $260,000 in October 2024, the same as last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $162.5K$210K
+29.2%
3 $280K$265K
-5.4%
4 $352.5K$389.2K
+10.4%
5+ -$260K
N/A

Summary: Butler housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Menomonee Falls
+10.7%
Brookfield
+10.4%
Milwaukee
+6.8%
Wauwatosa
+5.8%
Butler
0.0%

Housing Supply in Butler, WI

How many homes are available in Butler, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Butler real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 35
+66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Butler housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butler, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Butler in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Butler, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Butler, WI

Nearby Markets to Butler, WI

What housing markets are near Butler, WI?