Is Butler County, OH 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 County has remained a Seller's Market.
Key Takeaway
Butler County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butler County, OH
How much do homes in Butler County, OH cost?
Median Sold Price
$254,200
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Butler County have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Butler County was $254,200 in April 2024, up 3.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $90.5K | -17.7% |
| 2 Bedrooms | $145K | $139.9K | -3.5% |
| 3 Bedrooms | $221.8K | $234.9K | +5.9% |
| 4 Bedrooms | $363K | $365K | 0.5% |
| 5+ Bedrooms | $415K | $462.2K | +11.4% |
Summary: Butler County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.7%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Counties
| Preble County | $162.5K | $187K | +15.1% |
| Montgomery County | $185.4K | $199.4K | +7.6% |
| Butler County | $245.5K | $254.2K | +3.5% |
| Warren County | $335.6K | $345.2K | +2.9% |
Housing Supply in Butler County, OH
How many homes are available in Butler County, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 339 | 376 | +10.9% |
Summary: The Butler County real estate market had 376 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 56 | 64 | +14.3% |
| 3 Bedrooms | 175 | 177 | +1.1% |
| 4 Bedrooms | 82 | 113 | +37.8% |
| 5+ Bedrooms | 25 | 20 | -20.0% |
Summary: The Butler County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 99 | 125 | +26.3% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butler County, you could pay more than the asking price. 44.8% of homes here sold above asking price last month.
Summary: A total of 125 homes were sold or pending in Butler County in April 2024, up by 26.3% month-over-month. Of the 125 sold homes, 33% were sold under asking, 22% were sold at asking, and 45% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 45 Days | -28.0% |
Summary: Homes in Butler County had an average of 45 days on market in Apr 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
70 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Butler County has remained consistent over time.
Summary: During April 2024, 125 homes were sold in Butler County; 34% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.