Butler County, Nebraska Housing Market Prices
Butler County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 86% below the Nebraska median Cheaper than 85% of counties in Nebraska$24,062
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Median rent 28% below the Nebraska median$776
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Butler County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,062 | $175,282 | $248,835 |
| Price Trend (Annual %) | -8.3% | 7.7% | 7.5% |
| Median Gross Rent | $776 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 2.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Butler County is about 86% lower than in Nebraska. Rent is about 28% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Butler County: home prices fell about 8.3% a year while rent rose about 2.1% a year. That is an unusual pattern worth watching.
Median rent in Butler County rose about 19.6% between 2015 and 2024, from $649 to $776. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Butler County.
Buying the median-priced home in Butler County costs roughly 2.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Butler County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Butler County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,062 | $175,282 | $248,835 |
| Median Household Income | $79,664 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.3 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Butler County fell about 10.9%, while median household income rose about 61.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Butler County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.7% | 61.5% | 58.5% |
| Rental Rate | 17.6% | 30.9% | 31.2% |
| Vacancy Rate | 12.8% | 7.6% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Butler County has a homeownership rate of 69.7%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 12.8%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Butler County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1966 | 1974 | 1978 |
| Median Number of Rooms | 6.3 | 6.1 | 5.5 |
The typical housing unit in Butler County was built around 1966. On average, 2.4 people live in a home with about 6.3 rooms, staying for about 19.0 years on average.
Butler County, NE Housing Compared With Nearby Counties
How Butler County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Butler County, NE | 8,424 | $24,062 #2/2 | $776 #2/2 | 79.9% #2/2 |
| Saunders County, NE | 23,048 | $200,000 | $960 | 82.1% |
Frequently Asked Questions
Common questions about the housing market in Butler County, Nebraska.
What is the median home price in Butler County, Nebraska?
The median home price in Butler County, Nebraska is $24,062, lower than the Nebraska average of $175,282.
What is the average home price in Butler County, Nebraska?
The typical home price in Butler County, Nebraska, reported as the median sale price, is $24,062. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Butler County, Nebraska?
The median gross rent in Butler County, Nebraska is $776 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Butler County in 2020?
In 2020, the median gross rent in Butler County, Nebraska was $738 per month.
What is the price-to-rent ratio in Butler County, Nebraska?
The price-to-rent ratio in Butler County, Nebraska is about 2.6, meaning it would take roughly 2.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Butler County.
Are home prices or rent rising faster in Butler County, Nebraska?
Home prices and rent are moving in opposite directions in Butler County: home prices fell about 8.3% a year while rent rose about 2.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Butler County, Nebraska?
69.7% of households in Butler County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Butler County, Nebraska?
The housing vacancy rate in Butler County, Nebraska is 12.8%, higher than the Nebraska average of 7.6%.
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