$1,603 Closing Credit*
$135,000
Jennie Spohn-Rousseau, Listing Office: Berkshire Hathaway The Preferred Realty
Is Butler Township, 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 Township has remained a Seller's Market.
Key Takeaway
Butler Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butler Township, PA
How much do homes in Butler Township, PA cost?
Median Sold Price
$225,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+7.1%)
Key Takeaway
Homes in Butler Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Butler Township was $225,000 in November 2024, up 7.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $95.2K | -38.9% |
| 2 Bedrooms | $149.4K | $165.5K | +10.7% |
| 3 Bedrooms | $212K | $231.5K | +9.2% |
| 4 Bedrooms | $275K | $315K | +14.5% |
| 5+ Bedrooms | $278K | $315.5K | +13.5% |
Summary: Butler Township 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 9.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Summit Township | $195.5K | $255K | +30.4% |
| Butler Township | $210K | $225K | +7.1% |
| Butler | $212.6K | $227K | +6.7% |
| Center Township | $293.1K | $301.5K | +2.9% |
Housing Supply in Butler Township, PA
How many homes are available in Butler Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 201 | 204 | +1.5% |
Summary: The Butler Township real estate market had 204 homes for sale in November 2024, a 1.5% 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 | 22 | 19 | -13.6% |
| 3 Bedrooms | 112 | 112 | 0.0% |
| 4 Bedrooms | 56 | 64 | +14.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Butler Township 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 13.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 40 | 0.0% |
Asking Price vs. Sold Price
21 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 Township, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Butler Township in November 2024, the same as the previous month. Of the 40 sold homes, 53% were sold under asking, 18% were sold at asking, and 30% were sold over asking.
Days on Market for Butler Township, PA
How long does it take to sell a home in Butler Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 44 Days | +7.9% |
Summary: Homes in Butler Township had an average of 44 days on market in Nov 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
19 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in Butler Township; 48% of homes were sold within 30 days, 30% 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.