$4,144 Closing Credit*
$349,000
1,405 SqFt
3 Beds
•2 Full Baths, 1 Partial
Corey Weber, Listing Office: Re/Max Infinity
Is Butler, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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, PA
How much do homes in Butler, PA cost?
Median Sold Price
$227,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,333(+6.7%)
Key Takeaway
Homes in Butler have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Butler was $227,000 in November 2024, up 6.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $95.2K | -38.9% |
| 2 Bedrooms | $150K | $166K | +10.7% |
| 3 Bedrooms | $218.8K | $233.5K | +6.7% |
| 4 Bedrooms | $279K | $315K | +12.9% |
| 5+ Bedrooms | $278K | $315.5K | +13.5% |
Summary: Butler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Butler Township | $210K | $225K | +7.1% |
| Butler | $212.6K | $227K | +6.7% |
Housing Supply in Butler, PA
How many homes are available in Butler, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 197 | 204 | +3.6% |
Summary: The Butler real estate market had 204 homes for sale in November 2024, a 3.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 111 | 113 | +1.8% |
| 4 Bedrooms | 56 | 64 | +14.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Butler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butler, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Butler in November 2024, up by 8.3% month-over-month. Of the 39 sold homes, 51% were sold under asking, 18% were sold at asking, and 31% were sold over asking.
Days on Market for Butler, PA
How long does it take to sell a home in Butler, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 45 Days | +10.5% |
Summary: Homes in Butler had an average of 45 days on market in Nov 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Butler are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in Butler; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.