Is Butler, PA 16001 a buyer’s or seller’s market?
Butler is a seller’s market. With about 3.7 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 39% of U.S. ZIP codes, and #501 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Butler housing market right now
In the three months ending August 31, 2026, 22% of homes in Butler, PA 16001 sold above their list price, the typical home went under contract in 49 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 133 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (56 days then) and the median sale price fell 2% to $250,891. Overall, Butler is more competitive than a year ago, so tougher for buyers.
Within Butler County, homes here sell faster than in 74% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Butler ranks #501 of 601 PA ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at West Sunbury 16061 (0% sold over asking) or Prospect 16052 (0% sold over asking), while Hilliards 16040 (75% sold over asking) and Karns City 16041 (60% sold over asking) are even more competitive.
Run the numbers for 16001
Nearby markets
Boyers 16020 — /sq ftButler 16002Seller’s market $188 /sq ftCabot 16023Buyer’s market $263 /sq ftCallery 16024 $165 /sq ft Browse all markets →Towns like Butler nearby
Find towns like Butler in other states →Where Butler is
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Questions about Butler real estate
Is Butler a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Butler, PA 16001 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Butler?
The typical home went under contract in 49 days in the latest three months.
Do homes in Butler sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Butler?
About 1.01% of a home’s value a year in Butler County, or roughly $4,040 on a $400,000 home.
What is the median home price in Butler?
The median sale price was $250,891 in the three months ending August 31, 2026, about $156 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology