Is Butler County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butler County is a seller's market

Buyer's
Market

Difference Since October 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

$265,708

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,756(+6.3%)

Key Takeaway

Homes in Butler County have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Butler County was $265,708 in October 2024, up 6.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $89K$76.1K
-14.4%
2 $140K$140.6K
0.5%
3 $227.4K$247.4K
+8.8%
4 $370K$376.5K
+1.8%
5+ $410K$492.2K
+20.1%

Summary: Butler County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 20.1%.

Median Sold Price Compared To Nearby Counties

Preble County
+11.8%
Warren County
+9.7%
Montgomery County
+6.9%
Butler County
+6.3%

Housing Supply in Butler County, OH

How many homes are available in Butler County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
322357+10.9%

Summary: The Butler County real estate market had 357 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 5164
+25.5%
3 147159
+8.2%
4 97104
+7.2%
5+ 2427
+12.5%

Summary: The Butler County 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 increased by 25.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75100+33.3%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butler County, you may be able to get a good deal. 62% of homes here sold below asking price last month.

Summary: A total of 100 homes were sold or pending in Butler County in October 2024, up by 33.3% month-over-month. Of the 100 sold homes, 62% were sold under asking, 18% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
53 Days17 Days-67.9%

Summary: Homes in Butler County had an average of 17 days on market in Oct 2024, down by 67.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Butler County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 100 homes were sold in Butler County; 14% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Butler County, OH

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