Housing in Butler, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$166,000

Median List Price

$169,900

Price Per Sq Ft

$106

Days on Market

10

Active Inventory

5

Months of Supply

1.0

Seller's market

Zillow Home Value

$193,375

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.1%List Price 42.8%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

94.8%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
40.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

3

Pending Sales

2

Homes Sold 66.7%New Listings 0.0%Pending 0.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$106

Median List $/SF

$109

Sale $/SF 4.5%List $/SF 22.7%Mar 24Dec 25

Butler vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Butler is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$100,700

Median Rent

$763

Total Housing Units

1,076

Vacancy Rate

10.6%

Owner Occupied

73.2%

Renter Occupied

26.8%

Median Property Tax

$640

per year

Monthly Cost (w/ Mortgage)

$768

Housing Types

Single Family
78.2%
Multi-Family
18.8%
Mobile Home
3.1%

The current median sale price in Butler, IN is $166,000 according to Redfin data. Homes spend a median of 10 days on the market. 20.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $106. The median rent is $763 per month (Census ACS). About 73.2% of housing units are owner-occupied. The median year homes were built is 1956. There are 1,076 total housing units.