Is Butler Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Butler Township has remained a Seller's Market.
Housing Prices in Butler Township, OH
How much do homes in Butler Township, OH cost?
Median Sold Price
$270,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Butler Township was $270,000 in May 2024, up 3.8% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $159.5K | $172.3K | +8.1% |
3 Bedrooms | $240K | $249.6K | +4.0% |
4 Bedrooms | $278.5K | $319.9K | +14.9% |
5+ Bedrooms | $430K | $455K | +5.8% |
Summary: Butler Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
Vandalia | $215K | $225K | +4.7% |
Butler Township | $260K | $270K | +3.8% |
Monroe Township | $295.9K | $305K | +3.0% |
Union | $185.4K | $186.5K | +0.6% |
Union City Township | $177.4K | $176.5K | -0.5% |
Housing Supply in Butler Township, OH
How many homes are available in Butler Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 45 | +9.8% |
Summary: The Butler Township real estate market had 45 homes for sale in May 2024, a 9.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Butler Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Butler Township in May 2024, up by 54.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.
Days on Market for Butler Township, OH
How long does it take to sell a home in Butler Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 59 Days | +6.4% |
Summary: Homes in Butler Township had an average of 59 days on market in May 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Butler Township; 6% of homes were sold within 30 days, 76% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.