Is Butler, WV 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 has remained a Seller's Market.
Housing Prices in Butler, WV
How much do homes in Butler, WV cost?
Median Sold Price
$135,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Butler was $135,000 in April 2024, up 6.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $46K | N/A |
2 Bedrooms | $91.5K | $134.9K | +47.4% |
3 Bedrooms | $135K | $134.4K | -0.4% |
4 Bedrooms | $124K | $135K | +8.9% |
5+ Bedrooms | $165K | $158K | -4.2% |
Summary: Butler 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 47.4%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 4.2%.
Housing Supply in Butler, WV
How many homes are available in Butler, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The Butler real estate market had 39 homes for sale in April 2024, a 11.4% 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 | 11 | 10 | -9.1% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Butler 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 9.1%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 12 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Butler in April 2024, up by 200.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Butler, WV
How long does it take to sell a home in Butler, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 70 Days | -1.7% |
Summary: Homes in Butler had an average of 70 days on market in Apr 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Butler; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.