Butler County, Nebraska Housing Market
In Butler County, Nebraska, the median home value is $184,200, with a median monthly rent of $776. This places Butler County at #1581 nationally out of 3134 counties by median home value, and #31 within Nebraska.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,107
- Establishments: 232
- BLS QCEW, 2025
Housing Supply
- Single-family: 10
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,411 (avg $73,009)
- Outflow: 3,333 (avg $72,124)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Butler County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 68632 | 323.4 | +0.74% | 2025 |
| 2 | 68601 | 268.9 | +3.57% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Butler County Compares
| Metric | Butler County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $184,200 | $164,635 | $227,706 |
| Median Gross Rent | $776 | $796 | $968 |
| Owner Occupancy Rate | 79.9% | 74.0% | 73.3% |
| Price/Rent Ratio | 19.8 | 17.2 | 18.7 |
Market Analysis
The median home value in Butler County is 11.9% above the Nebraska state average and 19.1% below the U.S. national average. The median rent of $776/month is 2.5% below the state average.
With a price-to-rent ratio of 19.8, the buy-vs-rent decision in Butler County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Butler County has an owner-occupancy rate of 79.9%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Bristol city | Virginia | $184,100 | $801 |
| Vanderburgh County | Indiana | $184,000 | $985 |
| Lea County | New Mexico | $184,000 | $1,101 |
| Madison County | New York | $184,600 | $928 |
| Sussex County | Virginia | $183,800 | $907 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cedar County | $185,000 | $716 | 79.6% |
| Dakota County | $185,700 | $1,069 | 63.9% |
| Arthur County | $185,900 | $750 | 80.5% |
| Loup County | $182,300 | $688 | 73.4% |
| York County | $189,400 | $877 | 75.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).