$2,613 Closing Credit*
$220,000
3 Beds
•2 Full Baths
Dante Jeter, Listing Office: RE/MAX Broadwater
Is Butler, WV 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, WV
How much do homes in Butler, WV cost?
Median Sold Price
$160,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+28.0%)
Key Takeaway
Homes in Butler have sold for 28% more than they did a year ago.
Summary: The median home sold price in Butler was $160,000 in November 2024, up 28% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46K | - | N/A |
| 2 Bedrooms | $90K | $120.9K | +34.4% |
| 3 Bedrooms | $134K | $160K | +19.4% |
| 4 Bedrooms | $122K | $185.5K | +52.0% |
| 5+ Bedrooms | $110K | $171K | +55.5% |
Summary: Butler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 52%, and 5+ bedroom homes increased by 55.5%.
Housing Supply in Butler, WV
How many homes are available in Butler, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Butler real estate market had 43 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
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 increased by 20%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butler, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Butler in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Butler, WV
How long does it take to sell a home in Butler, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 72 Days | +36.9% |
Summary: Homes in Butler had an average of 72 days on market in Nov 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Butler has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Butler; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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