Is Butler Township, PA 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 Township has remained a Seller's Market.
Housing Prices in Butler Township, PA
How much do homes in Butler Township, PA cost?
Median Sold Price
$221,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Butler Township was $221,500 in March 2024, up 11.9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $117.7K | -22.8% |
2 Bedrooms | $192.4K | $155K | -19.5% |
3 Bedrooms | $197.9K | $226K | +14.2% |
4 Bedrooms | $224.5K | $284.4K | +26.7% |
5+ Bedrooms | $212.5K | $285K | +34.1% |
Summary: Butler Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 34.1%.
Median Sold Price Compared To Nearby Cities
Tyrone Township | $134.7K | $193.5K | +43.6% |
Biglerville | $212K | $265K | +25.0% |
Butler Township | $197.9K | $221.5K | +11.9% |
Housing Supply in Butler Township, PA
How many homes are available in Butler Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
130 | 150 | +15.4% |
Summary: The Butler Township real estate market had 150 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 60 | 73 | +21.7% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Butler Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 29 | +3.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Butler Township in March 2024, up by 3.6% month-over-month. Of the 29 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.
Days on Market for Butler Township, PA
How long does it take to sell a home in Butler Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 73 Days | +1.6% |
Summary: Homes in Butler Township had an average of 73 days on market in Mar 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in Butler Township; 34% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.