Market Overview
Home Prices in Butternut, WI
The median home value in Butternut, WI is $227,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Butternut are priced45% below average.
Over the past five years, Butternut home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Butternut Home Price Trend
2020
$156,064
$156K
—
2021
$180,233
$180K
+15.5%
2022
$208,264
$208K
+15.6%
2023
$224,190
$224K
+7.6%
2024
$222,286
$222K
-0.8%
2025
$215,556
$216K
-3.0%
2026
$227,231
$227K
+5.4%
City Comparison
Butternut vs. National Median
🏠 Butternut
$227,231
National Median
$410,000
At $227,231, homes in Butternut cost 45% below the national median of $410,000. This makes Butternut a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Butternut?
20% Down Payment
$45,446
on $227,231
Monthly P&I
$1,185/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,505/mo
incl. taxes & insurance
Income Needed
$60,200
gross annual (30% rule)
10% Down Option
$22,723
+ PMI applies
Loan Amount (20% dn)
$181,785
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Butternut, WI?
The median home value in Butternut is $227,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Butternut?
Over the past year, home values in Butternut have increased by 5.4%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Butternut?
To comfortably afford the median home price of $227,231 with a 20% down payment ($45,446) at today's rates (6.8%), you'd need a gross annual income of approximately $60,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Butternut compare to the national average home price?
The national median home value is approximately $410,000. At $227,231, homes in Butternut are 45% below the national average.