Is Butler Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Butler Township was a Neutral Market.
Key Takeaway
Butler Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Butler Township, IA
How much do homes in Butler Township, IA cost?
Median Sold Price
$290,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Butler Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Butler Township was $290,000 in April 2024, up 5.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $366.9K | +249.4% |
| 3 Bedrooms | $240K | $267.5K | +11.5% |
| 4 Bedrooms | $270K | $311.5K | +15.4% |
| 5+ Bedrooms | $363.3K | $525K | +44.5% |
Summary: Butler Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 249.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 44.5%.
Median Sold Price Compared To Nearby Cities
| De Witt Township | $209.5K | $250K | +19.3% |
| Butler Township | $275K | $290K | +5.5% |
Housing Supply in Butler Township, IA
How many homes are available in Butler Township, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Butler Township real estate market had 10 homes for sale in April 2024, a 42.9% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Butler Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Butler Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Butler Township, IA
How long does it take to sell a home in Butler Township, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 2 Days | -93.9% |
Summary: Homes in Butler Township had an average of 2 days on market in Apr 2024, down by 93.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Butler Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Butler Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.