$3,206 Closing Credit*
$270,000
3 Beds
•3 Full Baths
Jonathon Yoder, Listing Office: Coldwell Banker Real Estate Group
Is Butler, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Butler has remained a Seller's Market.
Key Takeaway
Butler is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butler, IN
How much do homes in Butler, IN cost?
Median Sold Price
$180,000
$122/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$60,000(-25.0%)
Key Takeaway
Homes in Butler have sold for 25% less than they did a month ago.
Summary: The median home sold price in Butler was $180,000 in October 2024, down 25% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90.9K | $157.5K | +73.2% |
| 3 Bedrooms | $380K | $222.7K | -41.4% |
| 4 Bedrooms | - | $77.8K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Butler housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.2%, 3 bedroom homes decreased by 41.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wilmington Township | $131.9K | $181K | +37.2% |
| Butler | $240K | $180K | -25.0% |
Housing Supply in Butler, IN
How many homes are available in Butler, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Butler real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Butler housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butler, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Butler in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Butler, IN
We’re sorry, we don't have information for this market at the moment
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