Butler, WI53007

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$271,000
1.0% YoY Growth
Median Household Income
$55,600
31.5% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
1.8%
Median Rent
$1,180
8.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,180
10.7% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Butler, WI

Butler, WI lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.2%N/A
Days on Market
N/AN/A
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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.

MetricLatest CensusYoY % Change
Population
2,0009.2%
% 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

MetricLatest Census5-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

MetricZip 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%

Loan Activity

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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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$970
2 Bedroom-$30$1,180$1,150
3 BedroomN/AN/A$1,430
4 BedroomN/AN/A$1,560

Affordability — Butler, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$271,000
Median Household Income$55,600

Butler, WI — ZIP Code Boundary Map

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Frequently Asked Questions