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.
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
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
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
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.