Is Butler, KY 41006 a buyer’s or seller’s market?
Butler is a seller’s market. With about 1.8 months of supply and 43% 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.
The Butler housing market right now
In the three months ending August 31, 2026, 43% of homes in Butler, KY 41006 sold above their list price, the typical home went under contract in 19 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (14 days then) and the median sale price rose 6% to $295,872. Overall, Butler is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at De Mossville 41033 (0% sold over asking) or Falmouth 41040 (6% sold over asking).
Run the numbers for 41006
Nearby markets
De Mossville 41033Buyer’s market $179 /sq ftFalmouth 41040Seller’s market $144 /sq ft Browse all markets →Towns like Butler nearby
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Questions about Butler real estate
Is Butler a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Butler, KY 41006 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 19 days in the latest three months.
Do homes in Butler sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Butler?
About 0.80% of a home’s value a year in Pendleton County, or roughly $3,200 on a $400,000 home.
What is the median home price in Butler?
The median sale price was $295,872 in the three months ending August 31, 2026, about $154 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