Is Butler County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Butler County has remained a Seller's Market.
Key Takeaway
Butler County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butler County, OH
How much do homes in Butler County, OH cost?
Median Sold Price
$257,285
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Butler County have sold for 8% more than they did a year ago.
Summary: The median home sold price in Butler County was $257,285 in March 2024, up 8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.5K | $117K | +36.8% |
| 2 Bedrooms | $145K | $139K | -4.1% |
| 3 Bedrooms | $221K | $233K | +5.4% |
| 4 Bedrooms | $355K | $374.9K | +5.6% |
| 5+ Bedrooms | $415K | $470K | +13.3% |
Summary: Butler County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Counties
| Preble County | $160K | $180K | +12.5% |
| Butler County | $238.1K | $257.2K | +8.0% |
| Montgomery County | $185K | $199.5K | +7.8% |
| Warren County | $333.4K | $342.8K | +2.8% |
Housing Supply in Butler County, OH
How many homes are available in Butler County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 296 | 297 | 0.3% |
Summary: The Butler County real estate market had 297 homes for sale in March 2024, a 0.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 46 | 54 | +17.4% |
| 3 Bedrooms | 151 | 147 | -2.6% |
| 4 Bedrooms | 77 | 68 | -11.7% |
| 5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Butler County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 93 | -1.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butler County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in Butler County in March 2024, down by 1.1% month-over-month. Of the 93 sold homes, 46% were sold under asking, 26% were sold at asking, and 28% were sold over asking.
Days on Market for Butler County, OH
How long does it take to sell a home in Butler County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 64 Days | -4.0% |
Summary: Homes in Butler County had an average of 64 days on market in Mar 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Butler County has remained consistent over time.
Summary: During March 2024, 93 homes were sold in Butler County; 17% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.