16002 — Butler County, Pennsylvania Market Snapshot
Housing market data for zip code 16002 in Butler County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
19 sales in 2026 (year to date)
Median Sale Price
$289,900
Days to Sell
44
Homes Sold
19
Inventory
47
Sale-to-List
99.6%
New Listings
46
Price/SqFt
$194
Pending Sales
39
Conforming Loan Available
Most homebuyers in 16002 can comfortably use conventional financing. The median home price of $289,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
16002's market is balanced with homes taking an average of 44 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 16002 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 16002 can comfortably use conventional financing. The median home price of $289,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 16002 are set at the county level.
2026 Loan Limits — Butler County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 16002
To purchase the median home at $289,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,371.
Monthly Payment
$2,371
Income Required
$101,619
Principal & Interest
$1,786/mo
Down Payment (5%)
$14,495
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 16002.
Estimated Monthly Payment
$1,944
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