Is Butte County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Butte County has remained a Seller's Market.
Key Takeaway
Butte County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butte County, CA
How much do homes in Butte County, CA cost?
Median Sold Price
$410,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Butte County have sold for 1% less than they did a year ago.
Summary: The median home sold price in Butte County was $410,000 in May 2024, down 1% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $203.9K | +16.6% |
| 2 Bedrooms | $295.9K | $299K | +1.0% |
| 3 Bedrooms | $419.3K | $419K | -0.1% |
| 4 Bedrooms | $577K | $546.6K | -5.3% |
| 5+ Bedrooms | $600K | $625K | +4.2% |
Summary: Butte County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Counties
| Glenn County | $335K | $349K | +4.2% |
| Butte County | $414.1K | $410K | -1.0% |
Housing Supply in Butte County, CA
How many homes are available in Butte County, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 677 | 742 | +9.6% |
Summary: The Butte County real estate market had 742 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 116 | 132 | +13.8% |
| 3 Bedrooms | 373 | 413 | +10.7% |
| 4 Bedrooms | 154 | 149 | -3.2% |
| 5+ Bedrooms | 27 | 40 | +48.1% |
Summary: The Butte County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 48.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 134 | 170 | +26.9% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
67 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butte County, you could pay more than the asking price. 39.4% of homes here sold above asking price last month.
Summary: A total of 170 homes were sold or pending in Butte County in May 2024, up by 26.9% month-over-month. Of the 170 sold homes, 36% were sold under asking, 24% were sold at asking, and 39% were sold over asking.
Days on Market for Butte County, CA
How long does it take to sell a home in Butte County, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 39 Days | -16.2% |
Summary: Homes in Butte County had an average of 39 days on market in May 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Butte County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 170 homes were sold in Butte County; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.