Butler, WI 53007 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Butler, WI—53007

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$302,000

5.7% YoY Growth

Household Income

$55,600

31.5% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.6%

Median Rent

$1,180

8.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,180

10.7% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Butler, WI

As of May '26, the median home price in Butler, WI is $302,000, with a year-over-year change of 5.7%. This indicates that home prices in Butler, WI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$302,000	5.7%
Single Family	$309,000	7.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Butler, WI

As of July '25, Rentcast reports the average rent in Butler, WI is $1,340, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Butler, WI is 2-bedrooms: $1,340. The most common rental property sizes in Butler, WI are 2-bedroom and 1-bedroom, accounting for 50.0% and 36.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,180	$1,340
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,180	$1,340
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.4%

1 Bedroom

36.4%

2 Bedrooms

50.0%

3 Bedrooms

12.3%

Property Listings — Butler, WI

As of May '26, Realtor.com reports that the median days on market for a home in Butler, WI is 28. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$285,000	4.0%
Listing Count	6	433.0%
Listings as % of Homes	0.2%	433.0%
Days on Market	28	-3.0%

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Demographics — Butler, WI

As of the latest ACS Survey released in 2023, Butler, WI has a population of 2,000, which has increased by 9.2% over the past 5 years. Butler, WI is a moderately popular place for families, as children make up 15.8% of the population. The area has a moderately educated workforce, with 30.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,000	9.2%
% Under 18	15.8%	-3.1%
% Seniors	17.7%	-3.8%
% WFH	5.5%	358.3%
% w/ College Degree	30.4%	40.7%

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As of the latest ACS Survey released in 2023, Butler, WI is a predominantly white area, with 80.5% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Butler, WI is asian, making up 9.2% of the population. Foreign-born residents account for 11.9% of the population in Butler, WI, and this percentage has increased by 466.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	80.5%	-6.4%
% Black	4.5%	-37.5%
% Hispanic	4.4%	-2.2%
% Asian	9.2%	2,966.7%
% Foreign Born	11.9%	466.7%

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Mortgage and Risk — Butler, WI

According to HUD data as of 2023, there were 39 mortgage originations in Butler, WI, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Butler, WI. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	39
% Conventional Loans	79.0%
% Government Loans	21.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Butler, WI

Butler, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	130
Total Units Section 8	130
% Rentals under Section 8	29.3%
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$970
2 Bedroom	-$30	$1,180	$1,150
3 Bedroom	N/A	N/A	$1,430
4 Bedroom	N/A	N/A	$1,560

Butler, WI—53007

Key Metrics at a Glance

Home Price Trends — Butler, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Butler, WI

% of Rental Stock

Property Listings — Butler, WI

Demographics — Butler, WI

Race and Ethnicity

Mortgage and Risk — Butler, WI

Mortgages

Rentals and Section 8 — Butler, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Butler, WI

Home Price to Income Ratio

Butler, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Park Knoll, Milwaukee, WI

Mount Mary, Milwaukee, WI

Brookfield, WI

Elm Grove, WI

Menomonee River Hills, Milwaukee, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$302,000
Median Household Income	$55,600

Butler, WI—53007

Key Metrics at a Glance

Home Price Trends — Butler, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Butler, WI

% of Rental Stock

Property Listings — Butler, WI

Demographics — Butler, WI

Race and Ethnicity

Mortgage and Risk — Butler, WI

Mortgages

Rentals and Section 8 — Butler, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Butler, WI

Home Price to Income Ratio

Butler, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Park Knoll, Milwaukee, WI

Mount Mary, Milwaukee, WI

Brookfield, WI

Elm Grove, WI

Menomonee River Hills, Milwaukee, WI

Frequently Asked Questions

What is the average home price in Butler, WI 53007?

How have home prices in Butler, WI 53007 changed over the past year?

What is the home price projection for Butler, WI 53007?

What are the demographics of Butler, WI 53007?

How long does it take homes to sell in Butler, WI 53007?

What is the average rent price in Butler, WI 53007?