32,485 under the county median. Market data inside." /> Butler, WI Housing Market — Home Values, Rents & Trends 32,485 under the county median. Market data inside." /> 32,485 under the county median. Market data inside." />

Butler, Wisconsin housing market

Village in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.

Butler housing market at a glance (as of 2026-07-03)

Typical home value$301,617
1-year change+7.2%
5-year change+25.4%
Typical rentnot published

The typical home in Butler, Wisconsin is worth about $301,617 as of 2026-07-03, up 7.2% over the past year and up 25.4% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.

Butler is the least expensive municipality in Waukesha County — and it is not close. The village's typical home value of $301,617 ranks 27th of 27 in the county and sits $232,485 below the county median of $534,102. No other market in this dataset shows a wider gap to its own county's median.

That discount has been attracting price pressure. Butler values rose 7.2% in the year through April 30, 2026, one of the faster one-year gains among area markets, on top of 25.4% growth over five years.

The context makes the numbers sharper: the nearest comparison markets in the data are Pewaukee village at $404,276, Big Bend at $406,371, Waukesha city at $425,391, and Menomonee Falls at $443,289. Every one of them costs at least $100,000 more than Butler by typical value.

The Butler market in detail

Butler's $301,617 typical value is a Waukesha County address at a Milwaukee County price — it is also $154,217 below the seven-county regional median of $455,834. ZIP 53007, which covers the village, shows a typical value of $296,480, closely tracking the village figure.

The 7.2% one-year gain deserves attention. Five-year growth of 25.4% is moderate by area standards, which means the recent year accounts for an outsized share of the cumulative gain — the market accelerated rather than coasted. Whether that pace holds is unknowable, and past appreciation does not guarantee future results, but the direction through April 2026 was clear.

Because Butler is the county's only sub-$400K municipality among these comparisons, it effectively has the entry-level tier of Waukesha County to itself in this data.

Butler home values by ZIP code

ZIP codeTypical home value1-year changeTypical rent
53007$296,480+5.8%

What actually sold in Butler (12 months ending June 2026)

Homes sold (arms-length, single-family)28
Median sale price$302,500
Middle 50% of sales$252,500 to $347,750
Government-backed financing (FHA/VA/USDA)10.7%
Seller-financed3.6%

Over the 12 months ending June 2026, 28 single-family homes sold in Butler, Wisconsin in arms-length transactions, at a median price of $302,500. Half of those sales fell between $252,500 and $347,750. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.

Small sample: fewer than 30 recorded sales in Butler during this window, so these figures move a lot year to year.

Zillow’s typical-home-value estimate for Butler is $301,617, while homes that actually changed hands had a median price of $302,500 — a difference of +0.3%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.

Buying and selling in Butler

For buyers: if the goal is a Waukesha County purchase under the county's $534,102 median, Butler is where the math works hardest — $232,485 under that median, with the next-cheapest comparison market (Pewaukee village, $404,276) more than $100,000 above it. The urgency factor is the 7.2% one-year appreciation: at that recent pace, the typical value rises by over $20,000 a year, so extended waiting has carried a measurable cost.

For sellers: Butler's position is unusually strong for a small market. You hold the lowest-priced inventory in a county whose median exceeds $534,000, which means every buyer screening Waukesha County by affordability lands on Butler first. The 7.2% one-year gain gives recent comps genuine lift. Pricing should still be grounded in village and ZIP 53007 comps ($296,480 typical value) rather than county-wide figures, which run far above what Butler transactions support.

Life in Butler

Butler fits into well under a square mile at the Waukesha–Milwaukee county line, with a storefront strip along Hampton Avenue and the rail corridor that gave the village its start running along its edge. Frontier Park reaches down to the Menomonee River with a riverside walking trail, ballfields, and a community building, and Highway 45 at Capitol Drive is minutes away.

Annual events and festivities in Butler

Butler 4th of July Parade & Fireworks — July 4
Parade up 127th Street to Frontier Park, followed by an evening band in the park and fireworks over Lower Frontier Park at dusk.
Hot Rods on Hampton — September
Annual car show that fills Hampton Avenue from 124th to 127th Streets with customs, classics, and motorcycles, benefiting the local Optimist Club.

Dates and details change year to year — check each event’s organizers for current schedules.

Butler housing market: common questions

What is the cheapest place to buy a home in Waukesha County?

By typical home value, Butler is the least expensive of Waukesha County's 27 municipalities at $301,617 — $232,485 below the county median of $534,102.

How fast are Butler WI home prices rising?

Butler home values rose 7.2% in the year through April 30, 2026, and 25.4% over the past five years.

What is the typical home value in ZIP 53007?

ZIP 53007, covering Butler, has a typical home value of $296,480 — close to the village-wide figure of $301,617.

How does Butler compare to Menomonee Falls and Waukesha on price?

Butler's typical value of $301,617 is $141,672 below Menomonee Falls ($443,289) and $123,774 below the city of Waukesha ($425,391).

More Waukesha County area guides

All Southeast Wisconsin area guides

Butler real estate agent: talk to Kinan Sawar, MD

Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.

How to choose a real estate agent in Butler and Milwaukee — a five-question checklist

Get a free Butler home valuation · Contact Kinan Sawar

Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.