Butler, MO housing market
The typical Butler home is worth about $172,000, up 4% in a year, 36% below the Missouri typical home.
Home values, sales, trends and how Butler compares with the towns next door — updated as new data is published.
Butler at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Butler | Missouri |
|---|---|---|
| 2017 | $89,000 | $148,000 |
| 2018 | $98,000 | $156,000 |
| 2019 | $103,000 | $165,000 |
| 2020 | $109,000 | $173,000 |
| 2021 | $125,000 | $193,000 |
| 2022 | $148,000 | $219,000 |
| 2023 | $147,000 | $237,000 |
| 2024 | $149,000 | $247,000 |
| 2025 | $168,000 | $258,000 |
| 2026 | $169,000 | $263,000 |
| August 2026 | $172,000 | $268,000 |
3 new homes permitted in 2025
Builders were permitted 3 new homes in Butler in 2025, all single-family houses, worth about $1.1 million to build. That's 0.6 per 1,000 residents, slower than across Missouri (3.7). Over the past 10 years, Butler has permitted 12 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Butler gained 1 resident while 27 new homes were permitted: about 0 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Missouri: 1.1 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $506,000 |
| 2025 | 3 | 3 | 0 | $1.1 million |
| 2024 | 4 | 4 | 0 | $555,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $800,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 2 | 2 | 0 | $500,000 |
| 2019 | 1 | 1 | 0 | $33,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $250,000 |
| 2015 | 2 | 2 | 0 | $256,000 |
| 2014 | 1 | 1 | 0 | $260,000 |
| 2013 | 1 | 1 | 0 | $250,000 |
| 2012 | 1 | 1 | 0 | $192,000 |
| 2011 | 1 | 1 | 0 | $511,000 |
| 2010 | 19 | 19 | 0 | $2.5 million |
| 2009 | 2 | 2 | 0 | $304,000 |
| 2008 | 1 | 1 | 0 | $115,000 |
| 2007 | 5 | 5 | 0 | $626,000 |
| 2006 | 15 | 13 | 2 | $1.1 million |
| 2005 | 5 | 5 | 0 | $365,000 |
| 2004 | 35 | 21 | 14 | $2.1 million |
| 2003 | 8 | 8 | 0 | $902,000 |
| 2002 | 4 | 4 | 0 | $638,000 |
| 2001 | 26 | 6 | 20 | $1.4 million |
| 2000 | 0 | 0 | 0 | — |
How Butler ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.1 years of income
The typical Butler home costs about 4.1 years of the town's median household income, about the same as across Missouri (3.8).
How Butler ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $890
HUD's Fair Market Rent for a two-bedroom in Butler is $890 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Butler pay a median of $893. A two-bedroom takes about 25% of the town's median household income.
Studio $670 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64730; Bates County, MO HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.