Is Butler Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butler Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Butler Township was a Buyer's Market.

Key Takeaway

Butler Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Butler Township, OH

How much do homes in Butler Township, OH cost?

Median Sold Price

$202,500

$125/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$69,500(-25.6%)

Key Takeaway

Homes in Butler Township have sold for 25.6% less than they did a month ago.

Summary: The median home sold price in Butler Township was $202,500 in March 2024, down 25.6% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $272K$200K
-26.5%
4 -$205K
N/A
5+ --
N/A

Summary: Butler Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Butler Township, OH

How many homes are available in Butler Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97-22.2%

Summary: The Butler Township real estate market had 7 homes for sale in March 2024, a 22.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 43
-25.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Butler Township 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 decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butler Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Butler Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Feb 2024Mar 2024CHANGE
140 Days41 Days-70.4%

Summary: Homes in Butler Township had an average of 41 days on market in Mar 2024, down by 70.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Butler Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Butler Township, OH

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