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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butler Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Butler Township was a Seller's Market.

Key Takeaway

Butler Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Butler Township, OH

How much do homes in Butler Township, OH cost?

Median Sold Price

$280,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,000(+2.6%)

Key Takeaway

Homes in Butler Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Butler Township was $280,000 in October 2024, up 2.6% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$108K
N/A
2 $134.5K$170.7K
+27.0%
3 $260K$249.9K
-3.9%
4 $310K$313.7K
+1.2%
5+ $373.5K$498.5K
+33.5%

Summary: Butler Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 33.5%.

Median Sold Price Compared To Nearby Cities

Monroe Township
+12.1%
Union City Township
+7.0%
Vandalia
+6.8%
Butler Township
+2.6%
Union
+1.4%

Housing Supply in Butler Township, OH

How many homes are available in Butler Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2930+3.4%

Summary: The Butler Township real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1315
+15.4%
4 1013
+30.0%
5+ 41
-75.0%

Summary: The Butler Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butler Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Butler Township in October 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Butler Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 16 Days Ago

Newest Listings in Butler Township, OH

Nearby Markets to Butler Township, OH

What housing markets are near Butler Township, OH?