Is Butler Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$220,000
$145/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Butler Township was $220,000 in April 2024, the same as last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $117.7K | -9.4% |
2 Bedrooms | $169.9K | $153.4K | -9.7% |
3 Bedrooms | $224K | $220K | -1.8% |
4 Bedrooms | $229K | $304.5K | +33.0% |
5+ Bedrooms | $220K | $285.9K | +30.0% |
Summary: Butler Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 33%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
Butler Township | $220K | $220K | 0.0% |
Hazle Township | $279K | $250K | -10.4% |
Housing Supply in Butler Township, PA
How many homes are available in Butler Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
147 | 161 | +9.5% |
Summary: The Butler Township real estate market had 161 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 75 | 81 | +8.0% |
4 Bedrooms | 38 | 42 | +10.5% |
5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The Butler Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 38 | +11.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Butler Township in April 2024, up by 11.8% month-over-month. Of the 38 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 45 Days | -16.6% |
Summary: Homes in Butler Township had an average of 45 days on market in Apr 2024, down by 16.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Butler Township; 66% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.