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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butternut is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Butternut has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Butternut, WI

How much do homes in Butternut, WI cost?

Median Sold Price

$210,000

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$29,000(-12.1%)

Key Takeaway

Homes in Butternut have sold for 12.1% less than they did a month ago.

Summary: The median home sold price in Butternut was $210,000 in November 2024, down 12.1% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$262.5K
N/A
3 $58K$203K
+250.0%
4 --
N/A
5+ $420K-
N/A

Summary: Butternut housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 250%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Butternut
-12.1%
Agenda
-51.7%

Housing Supply in Butternut, WI

How many homes are available in Butternut, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
119-18.2%

Summary: The Butternut real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 44
0.0%
3 32
-33.3%
4 22
0.0%
5+ 10
-100.0%

Summary: The Butternut housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butternut, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Butternut in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Butternut, 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 21 Days Ago

Newest Listings in Butternut, WI

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