Butler, NE housing market
Home prices around Butler have risen about 46% over the past 5 years.
Home values, sales, trends and how Butler compares with the towns next door — updated as new data is published.
Home prices up 46% in 5 years
The federal house price index for the ZIP codes around Butler rose 46% over the past 5 years, slower than across Nebraska (49%). Last year prices rose 3.6%.
Show as a table
| Year | Change that year | Since 2000 | Nebraska since 2000 |
|---|---|---|---|
| 2025 | +3.6% | +169% | +147% |
| 2024 | +5.7% | +160% | +139% |
| 2023 | +6.2% | +146% | +128% |
| 2022 | +15% | +131% | +111% |
| 2021 | +8.5% | +101% | +84% |
| 2020 | +4.4% | +85% | +66% |
| 2019 | +6.1% | +77% | +61% |
| 2018 | +4.5% | +67% | +53% |
| 2017 | +8.3% | +60% | +46% |
| 2016 | +5.2% | +47% | +38% |
| 2015 | −0.2% | +40% | +32% |
| 2014 | +3.5% | +40% | +27% |
| 2013 | +1.8% | +36% | +22% |
| 2012 | +2.7% | +33% | +20% |
| 2011 | 0% | +30% | +19% |
| 2010 | +1% | +30% | +19% |
| 2009 | +2.6% | +28% | +21% |
| 2008 | +2.6% | +25% | +21% |
| 2007 | +2.9% | +22% | +22% |
| 2006 | +5.3% | +18% | +21% |
| 2005 | +4.1% | +13% | +18% |
| 2004 | +2.8% | +8.1% | +13% |
| 2003 | +1.1% | +5.2% | +8.4% |
| 2002 | +0.9% | +4% | +6.5% |
| 2001 | +3.2% | +3.2% | +3.7% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 68601, 68634, covering 85% of Butler’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Butler and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Butler | — | +3.6%† | $1,060 | — | $73,750 |
| Columbus | $271K | +2.2% | $1,060 | — | $97,848 |
| Duncan | $245K | +2.9% | $1,060 | 1 | $74,688 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Butler is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Butler pay a median of $1,313.
Studio $740 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68601, 68634; Merrick County, NE 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.