Is Butts County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Butts County has remained a Seller's Market.
Housing Prices in Butts County, GA
How much do homes in Butts County, GA cost?
Median Sold Price
$286,375
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Butts County was $286,375 in May 2024, up 5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | - | N/A |
2 Bedrooms | $227.5K | $212K | -6.8% |
3 Bedrooms | $242.5K | $265K | +9.3% |
4 Bedrooms | $310K | $320K | +3.2% |
5+ Bedrooms | $355.9K | $447.5K | +25.7% |
Summary: Butts County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 25.7%.
Median Sold Price Compared To Nearby Counties
Butts County | $272.8K | $286.3K | +5.0% |
Jasper County | $287.3K | $299.4K | +4.2% |
Monroe County | $342.4K | $356K | +4.0% |
Newton County | $300.2K | $310K | +3.3% |
Henry County | $347.1K | $338.6K | -2.4% |
Housing Supply in Butts County, GA
How many homes are available in Butts County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
164 | 177 | +7.9% |
Summary: The Butts County real estate market had 177 homes for sale in May 2024, a 7.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 86 | 101 | +17.4% |
4 Bedrooms | 56 | 49 | -12.5% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Butts County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 41 | +20.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Butts County in May 2024, up by 20.6% month-over-month. Of the 37 sold homes, 54% were sold under asking, 27% were sold at asking, and 19% were sold over asking.
Days on Market for Butts County, GA
How long does it take to sell a home in Butts County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
72 Days | 36 Days | -49.7% |
Summary: Homes in Butts County had an average of 36 days on market in May 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Butts County; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.