Home ValuePros

Market Intelligence · PA / Butler

Butler, PA 16002 Housing Market

In Butler, PA 16002, the typical home value is $306,848, up 0.4% over the past year as of September 2026. The median list price is $578,250, and homes spend a median of 62 days on market. That is a market moving at a measured pace.

Updated September 2026Median value$307K

The median home value in Butler, PA 16002 is $307K as of September 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 16002 range

$282K to $331K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Typical home value in 16002 over the last 12 months: $306K in Sep 2025 to $307K in Sep 2026 (+0.4%).

Sep 2025$306K

Sep 2026$307K

The numbers

What is the 16002 housing market like?

Typical home value

$307K

Up0.4%YoY

Median list price

$578K

Up5.3%MoM

Days on market

62

Flat0.0%MoM

Homes for sale

36

Up16.1%MoM

Price cuts

19.8%

Up8.8%MoM

New listings

28

Up133.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

16002 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 16002 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 16002 rose 0.4%, per the Zillow Home Value Index.

Will home prices drop in 16002?

Zillow's forecast does not call for a drop: it expects typical home values in 16002 to rise 1.5% by September 2027, after a 0.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 16002 home prices compare?

  • 16002$306,848
  • Butler$269,532
  • Pennsylvania$236,800
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Butler: 2 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,262 ZIPs).

Context

Home values in 16002 have been nearly flat, rising just 0.4% over the past year, with a typical value of $306,848. The gap between that typical value and the median list price of $578,250 suggests sellers are aiming high relative to where most homes are valued. Inventory includes 36 homes for sale and 28 new listings as of September 2026, so buyers have options. With a median of 62 days on market and 19.8% of listings taking a price cut, homes are not moving quickly. For a seller, pricing realistically from the start matters more than testing the top of the market.

Monthly payment

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20% · $61,370

Common questions

What people ask us.

How much is a home in 16002 worth?

The typical home value in 16002 is $306,848, up 0.4% over the past year as of September 2026.

How fast are homes selling in 16002?

Homes in 16002 spend a median of 62 days on market. There were 36 homes for sale and 28 new listings as of September 2026.

Are sellers cutting prices in 16002?

Yes. As of September 2026, 19.8% of listings in 16002 had a price cut, even with a median list price of $578,250.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.