$1,661 Closing Credit*
$139,900
1,300 SqFt
2 Beds
•1 Full Bath
Bill Raymond, Listing Office: THA Realty, LLC
Is Butler, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Butler was a Neutral Market.
Key Takeaway
Butler is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Butler, WV
How much do homes in Butler, WV cost?
Median Sold Price
$160,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,500(+25.5%)
Key Takeaway
Homes in Butler have sold for 25.5% more than they did a year ago.
Summary: The median home sold price in Butler was $160,000 in October 2024, up 25.5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46K | - | N/A |
| 2 Bedrooms | $100K | $120K | +20.0% |
| 3 Bedrooms | $135K | $159K | +17.8% |
| 4 Bedrooms | $124K | $167.5K | +35.1% |
| 5+ Bedrooms | $110K | $171K | +55.5% |
Summary: Butler 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 20%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 35.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Butler real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Butler 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%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Butler, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Butler in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 34 Days | -57.4% |
Summary: Homes in Butler had an average of 34 days on market in Oct 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Butler has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Butler; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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