Is Butte County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Butte County has remained a Seller's Market.
Key Takeaway
Butte County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butte County, CA
How much do homes in Butte County, CA cost?
Median Sold Price
$401,541
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Butte County have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Butte County was $401,541 in November 2023, down 6.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | $197K | -2.5% |
| 2 Bedrooms | $305K | $293.8K | -3.7% |
| 3 Bedrooms | $430K | $412.1K | -4.2% |
| 4 Bedrooms | $598.4K | $552.1K | -7.7% |
| 5+ Bedrooms | $640K | $638K | -0.3% |
Summary: Butte County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Counties
| Glenn County | $340K | $350K | +2.9% |
| Butte County | $430.1K | $401.5K | -6.7% |
Housing Supply in Butte County, CA
How many homes are available in Butte County, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 619 | 580 | -6.3% |
Summary: The Butte County real estate market had 580 homes for sale in November 2023, a 6.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 113 | 106 | -6.2% |
| 3 Bedrooms | 349 | 314 | -10.0% |
| 4 Bedrooms | 117 | 123 | +5.1% |
| 5+ Bedrooms | 29 | 28 | -3.4% |
Summary: The Butte County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 140 | 105 | -25.0% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butte County, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 105 homes were sold or pending in Butte County in November 2023, down by 25.0% month-over-month. Of the 105 sold homes, 46% were sold under asking, 21% were sold at asking, and 33% were sold over asking.
Days on Market for Butte County, CA
How long does it take to sell a home in Butte County, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 42 Days | 37 Days | -12.3% |
Summary: Homes in Butte County had an average of 37 days on market in Nov 2023, down by 12.3% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Butte County are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 105 homes were sold in Butte County; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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