54514
Butternut, Wisconsin.
Butternut, Ashland County, WI · population 1,827
to buy the typical home at today's mortgage rate — +$566 (+104%) since Jan 2020.
- 1 year
- Up $5,494 +3%
- $206,075$211,569 since Sep 2025
- 5 years
- Up $28,276 +15%
- $183,292$211,569 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 54514$1,110
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 24 years.
Typical home values in zip 54514 rose 2.7% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Ashland County, WI 80% · Price County, WI 13% · Iron County, WI 6%
Zillow also publishes an index for the city itself: Butternut, WI — measured over the city limits, which is a different area from this zip.
Typical home value — 54514
Mid-tier homes, smoothed and seasonally adjusted.
- 54514$211,569
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 9.6 | 54527 | Glidden | 932 | — | $134,542 |
| 12.0 | 54552 | Park Falls | 4,292 | — | $204,964 |
| 14.3 | 54524 | Fifield | 663 | — | $212,146 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.