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 November 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

$280,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$500(-0.2%)

Key Takeaway

The sold price of homes in Butts County has remained the same since last year.

Summary: The median home sold price in Butts County was $280,000 in November 2024, down 0.2% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $42K$24.5K
-41.7%
2 $209.7K$215K
+2.5%
3 $250K$265K
+6.0%
4 $320K$319.4K
-0.2%
5+ $340K$568K
+67.1%

Summary: Butts County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 67.1%.

Median Sold Price Compared To Nearby Counties

Jasper County
+11.7%
Newton County
+2.7%
Monroe County
+1.4%
Henry County
0.3%
Butts County
-0.2%

Housing Supply in Butts County, GA

How many homes are available in Butts County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
147153+4.1%

Summary: The Butts County real estate market had 153 homes for sale in November 2024, a 4.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 8382
-1.2%
4 3945
+15.4%
5+ 2020
0.0%

Summary: The Butts County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 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. 52.9% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Butts County in November 2024, up by 4.8% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
57 Days52 Days-9.8%

Summary: Homes in Butts County had an average of 52 days on market in Nov 2024, down by 9.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 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 November 2024, 22 homes were sold in Butts County; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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 21 Days Ago

Newest Listings in Butts County, GA

Nearby Markets to Butts County, GA

What housing markets are near Butts County, GA?