Is Butts County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Butts County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Butts County was a Seller's Market.

Key Takeaway

Butts County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Butts County, GA

How much do homes in Butts County, GA cost?

Median Sold Price

$285,500

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,500(+3.8%)

Key Takeaway

Homes in Butts County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Butts County was $285,500 in October 2024, up 3.8% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $491K$24.5K
-95.0%
2 $202K$215K
+6.4%
3 $243K$266.9K
+9.8%
4 $319.9K$323.7K
+1.2%
5+ $331.9K$520K
+56.6%

Summary: Butts County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 95%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 56.6%.

Median Sold Price Compared To Nearby Counties

Jasper County
+13.2%
Butts County
+3.8%
Newton County
+2.5%
Henry County
-0.8%
Monroe County
-1.3%

Housing Supply in Butts County, GA

How many homes are available in Butts County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
150164+9.3%

Summary: The Butts County real estate market had 164 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 8489
+6.0%
4 3746
+24.3%
5+ 2523
-8.0%

Summary: The Butts County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes decreased by 8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2523-8.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Butts County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Butts County in October 2024, down by 8.0% month-over-month. Of the 20 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
18 Days58 Days+211.3%

Summary: Homes in Butts County had an average of 58 days on market in Oct 2024, up by 211.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Butts County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in Butts County; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Butts County, GA

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What housing markets are near Butts County, GA?