Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$242,422+5.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$52,552About 0.7× the local median income ($80,401): affordable for a typical household
Days on market53 daysSlower than a year ago: buyers have time to negotiate
The typical home in Butler County, NE is worth $242,422, up 5.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $202,587, so the area is 19.7% overvalued. It is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are up 8% from a year ago, 17% of listings have had a price cut. A household needs about $52,552 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,401. In the latest IRS figures, 58 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$242,422
Change in 1 year
+5.8%
Overvalued %
+19.7%
Show 6 more
Fair home value
$202,587
Change in 5 years
+44.9%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,314
Income needed to afford it
$52,552
Property tax rate
1.11%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+8.3%
Days on market
53
Listings with a price cut
17.0%
Show 3 more
Homes for sale
26
Pending sales per 100 listings
27
Asking price per sq ft
$150
People and jobs
Median household income
$80,401
Population change (1 year)
+0.5%
Unemployment rate
1.2%
Show 4 more
Population
8,507
Income adjusted for cost of living
$93,165
Net moves in (IRS)
−58
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
24.5
Flood risk score
20.9
Show 3 more
Wildfire risk score
66.2
Walkability (1 to 20)
5.1
Road, rail and air noise
53 dB
Questions people ask
Is Butler County, NE overvalued?
Home prices in Butler County, NE are well above what local incomes have historically supported: fair value is about $202,587, so the area is 19.7% overvalued.
Is Butler County, NE a buyer's or seller's market?
Butler County, NE is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are up 8% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Butler County, NE?
Home values in Butler County, NE are up 5.8% over the last year.
How much do you need to earn to buy a home in Butler County, NE?
A household needs about $52,552 a year to afford the typical home in Butler County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,401.