House Prices

House Prices & Home Values Butterfield, MN 2026


Average Data

average house price$110,975
average size per house1794 ft²
average price per ft²62 $ / ft²

05/03/2026 - The value range (VR) for house prices in Butterfield, MN is $129/ sqft to $129/ sqft. An average home with 1794 sqft costs approximately $231,426 to $231,426. Butterfield, MN includes 1 ZIP codes and it is located in Watonwan county. The lowest prices are found in ZIP 56120, while the highest are in ZIP 56120. The average price per sqare feet is $62. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Butterfield

56120122 $ / ft²




Historical development of home values in Butterfield

Year Estimated value (USD) Change vs. 2025
2010 $51,539 -53.6%
2011 $49,546 -55.4%
2012 $49,412 -55.5%
2013 $51,259 -53.8%
2014 $53,808 -51.5%
2015 $56,570 -49.0%
2016 $59,522 -46.4%
2017 $62,735 -43.5%
2018 $66,203 -40.3%
2019 $69,273 -37.6%
2020 $72,854 -34.4%
2021 $82,863 -25.3%
2022 $96,600 -13.0%
2023 $101,869 -8.2%
2024 $107,762 -2.9%
2025 $110,975 0.0%

Graph: estimated home values in Butterfield over time (USD)



Example: 100% financing house in Butterfield

Loan amount: $110,975

Interest rate: 6.00%

Fixed monthly payment: $665.35

Breakdown in the 1st month:
Interest portion: $554.88  â€“  Principal portion: $110.48

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,621.43 $1,362.79 $109,612.21
2 $6,537.37 $1,446.84 $108,165.37
3 $6,448.14 $1,536.08 $106,629.30
4 $6,353.39 $1,630.82 $104,998.48
5 $6,252.81 $1,731.40 $103,267.07
6 $6,146.02 $1,838.19 $101,428.88
7 $6,032.64 $1,951.57 $99,477.31
8 $5,912.28 $2,071.94 $97,405.37
9 $5,784.48 $2,199.73 $95,205.64
10 $5,648.81 $2,335.41 $92,870.23
11 $5,504.77 $2,479.45 $90,390.78
12 $5,351.84 $2,632.38 $87,758.41
13 $5,189.48 $2,794.73 $84,963.68
14 $5,017.11 $2,967.11 $81,996.57
15 $4,834.10 $3,150.11 $78,846.46
16 $4,639.81 $3,344.40 $75,502.05
17 $4,433.53 $3,550.68 $71,951.37
18 $4,214.54 $3,769.68 $68,181.69
19 $3,982.03 $4,002.18 $64,179.51
20 $3,735.18 $4,249.03 $59,930.48
21 $3,473.11 $4,511.10 $55,419.38
22 $3,194.88 $4,789.34 $50,630.04
23 $2,899.48 $5,084.73 $45,545.31
24 $2,585.87 $5,398.35 $40,146.97
25 $2,252.91 $5,731.30 $34,415.66
26 $1,899.42 $6,084.80 $28,330.87
27 $1,524.12 $6,460.10 $21,870.77
28 $1,125.67 $6,858.54 $15,012.23
29 $702.65 $7,281.56 $7,730.67
30 $253.54 $7,730.67 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Butterfield, MN


1500 sqft3900 sqft
Ø selling price$112,531$239,383
Ø fast selling$102,301$215,444
Ø high price sale$122,761$263,321

In 2026, houses in Butterfield, MN will be offered at an average price of $62 per square foot. A 1,500 sqft home priced at $112,531 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $239,383. Home prices in Butterfield, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $165,726. Sellers who can wait longer may achieve a higher price of up to $202,555.


Butterfield, Minnesota: Small City in Southern Minnesota

Butterfield, Minnesota, is a small, welcoming city in Watonwan County along the Highway 60 corridor.
Known for its agricultural roots, Butterfield MN serves as a gateway to the prairie landscapes of southern Minnesota.

Location and Community

The community sits near larger regional hubs like St. James and Mountain Lake, offering easy access to services while retaining a quiet, rural character.
Residents value a close-knit, diverse population shaped by generations of farming and newer immigrant traditions.

Economy and Employers

Local employment centers on crop production, grain handling, and food processing, with small businesses supporting daily needs.
Affordable housing, short commute times, and strong work ethic make Butterfield, Minnesota attractive for families and entrepreneurs.

Events and Recreation

The area is celebrated for heritage festivals and tractor shows that highlight threshing, steam engines, and classic farm skills each summer.
Nearby parks, lakes, and trails create opportunities for fishing, birding, and relaxed weekend picnics.

Visitor Tips and Quality of Life

Visitors will find friendly cafés, community churches, and seasonal events that showcase small-town hospitality in Butterfield MN.
Whether you are planning a day trip or considering a move, Butterfield offers Midwestern charm, practical amenities, and room to grow.



FAQ – Home Values in Butterfield

What is the median home value in Butterfield in 2026?

In 2026, the typical home value in Butterfield is about $110,975 for an average home size of 1794 square feet. This corresponds to an average price of roughly $62 per square foot.

What is the average cost per square foot in Butterfield?

In 2026, homes in Butterfield sell for an average of around $62 per square foot, with a typical range between $129 and $129 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Butterfield is about 1794 square feet, with an estimated 2026 value around $110,975.



Locations close to Butterfield, MN

Ceylon, MN135 $ / ft²
Chandler, MN147 $ / ft²
Currie, MN58 $ / ft²
Brewster, MN95 $ / ft²
Bingham Lake, MN83 $ / ft²
Bigelow, MN154 $ / ft²
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