Is Butte County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Butte County has remained a Seller's Market.
Housing Prices in Butte County, CA
How much do homes in Butte County, CA cost?
Median Sold Price
$405,521
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Butte County was $405,521 in April 2024, down 3.5% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | $200K | +6.7% |
2 Bedrooms | $299K | $295.6K | -1.1% |
3 Bedrooms | $420.4K | $419K | -0.3% |
4 Bedrooms | $590K | $542.5K | -8.1% |
5+ Bedrooms | $610K | $492K | -19.3% |
Summary: Butte County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 19.3%.
Median Sold Price Compared To Nearby Counties
Glenn County | $329.5K | $350K | +6.2% |
Butte County | $420K | $405.5K | -3.5% |
Housing Supply in Butte County, CA
How many homes are available in Butte County, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
577 | 655 | +13.5% |
Summary: The Butte County real estate market had 655 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 109 | 111 | +1.8% |
3 Bedrooms | 311 | 368 | +18.3% |
4 Bedrooms | 121 | 144 | +19.0% |
5+ Bedrooms | 28 | 24 | -14.3% |
Summary: The Butte County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 131 | 0.0% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 131 homes were sold or pending in Butte County in April 2024, the same as the previous month. Of the 131 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Butte County, CA
How long does it take to sell a home in Butte County, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 37 Days | -39.3% |
Summary: Homes in Butte County had an average of 37 days on market in Apr 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During April 2024, 131 homes were sold in Butte County; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.