Is Butte County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butte County is a seller's market

Buyer's
Market

Difference Since September 2023

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

$417,998

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,998(+3.2%)

Key Takeaway

Homes in Butte County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Butte County was $417,998 in September 2024, up 3.2% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $190K$203.9K
+7.4%
2 $285K$304K
+6.7%
3 $413.3K$426.7K
+3.2%
4 $567K$551.5K
-2.7%
5+ $600K$600K
0.0%

Summary: Butte County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Butte County
+3.2%
Glenn County
-2.9%

Housing Supply in Butte County, CA

How many homes are available in Butte County, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
733753+2.7%

Summary: The Butte County real estate market had 753 homes for sale in September 2024, a 2.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 139
-30.8%
2 124140
+12.9%
3 419417
-0.5%
4 133138
+3.8%
5+ 4449
+11.4%

Summary: The Butte County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 11.4%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
145129-11.0%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butte County, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.

Summary: A total of 129 homes were sold or pending in Butte County in September 2024, down by 11.0% month-over-month. Of the 129 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% 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

Sep 2023Sep 2024CHANGE
38 Days49 Days+29.1%

Summary: Homes in Butte County had an average of 49 days on market in Sep 2024, up by 29.1% compared to last year.

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Butte County are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 129 homes were sold in Butte County; 54% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Butte County, CA

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