Is Butler, WI 53007 a buyer’s or seller’s market?
Butler is a seller’s market. With about 1.9 months of supply and 70% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Butler housing market right now
In the three months ending August 31, 2026, 70% of homes in Butler, WI 53007 sold above their list price, the typical home went under contract in 38 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (71% then), homes sold faster (45 days then) and the median sale price rose 3% to $309,866. Overall, Butler is about as competitive as it was a year ago.
Within Waukesha County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Okauchee 53069 (0% sold over asking) or Wales 53183 (14% sold over asking).
Run the numbers for 53007
Nearby markets
Big Bend 53103Seller’s market $259 /sq ftBrookfield 53005Seller’s market $239 /sq ftBrookfield 53045Seller’s market $241 /sq ftDelafield 53018Balanced $284 /sq ft Browse all markets →Towns like Butler nearby
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Questions about Butler real estate
Is Butler a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Butler, WI 53007 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Butler?
The typical home went under contract in 38 days in the latest three months.
Do homes in Butler sell over asking?
70% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Butler?
About 1.14% of a home’s value a year in Waukesha County, or roughly $4,560 on a $400,000 home.
What is the median home price in Butler?
The median sale price was $309,866 in the three months ending August 31, 2026, about $218 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology