Population: 1,946 · Density: 3.3/mi² · Median household income: $71,328
Typical home value: $140,509 · Homeownership: 83.1%
Data as of January 2026. Source: Realtor.com.
The BUTTERNUT, WI real estate market (54514) currently shows 5 active listings, with 1 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 64 days on market compared to 120 days last year.
The median listing price has fallen 42.7% year-over-year, from $434,925 to $249,000.
Whether you are buying or selling in BUTTERNUT, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54514 | Butternut, WI 54514 | 0.0 mi | 5 | $1,451,700 | $249,000 | $290,340 |
| 54552 | Park Falls, WI 54552 | 12.0 mi | 27 | $5,413,095 | $137,400 | $200,485 |
| 54565 | Upson, WI 54565 | 18.6 mi | 1 | $205,000 | $205,000 | $205,000 |
| 54547 | Mercer, WI 54547 | 21.6 mi | 10 | $4,268,370 | $392,500 | $426,837 |
| 54536 | Iron Belt, WI 54536 | 21.8 mi | 1 | $289,900 | $289,900 | $289,900 |
| 54896 | Winter, WI 54896 | 24.2 mi | 15 | $5,903,820 | $294,500 | $393,588 |
| 54534 | Hurley, WI 54534 | 25.1 mi | 11 | $4,928,627 | $279,900 | $448,057 |
| 54538 | Lac Du Flambeau, WI 54538 | 28.2 mi | 11 | $7,064,860 | $483,000 | $642,260 |
| 54545 | Manitowish Waters, WI 54545 | 31.4 mi | 4 | $6,866,400 | $349,900 | $1,716,600 |
| 54862 | Ojibwa, WI 54862 | 34.3 mi | 2 | $379,000 | $189,500 | $189,500 |
| 54821 | Cable, WI 54821 | 34.6 mi | 8 | $5,877,368 | $350,000 | $734,671 |
| 54556 | Prentice, WI 54556 | 35.7 mi | 4 | $1,374,700 | $357,900 | $343,675 |
| 54513 | Brantwood, WI 54513 | 36.3 mi | 1 | $264,900 | $264,900 | $264,900 |
As of January 2026, there are 5 active listings in BUTTERNUT, WI (zip code 54514), compared to 10 the prior year.
The median listing price in BUTTERNUT, WI 54514 is $249,000 as of January 2026, a 42.7% decrease from $434,925 the prior year.
Homes in BUTTERNUT, WI 54514 spend an average of 64 days on the market before going under contract, compared to 120 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BUTTERNUT, WI 54514 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 64 days on market compared to 120 days last year.
With SELL123.com's maximum 3% commission, sellers in BUTTERNUT, WI 54514 save an estimated $4,980 compared to a typical 5% commission on the median listing price of $249,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.