$3,859 Closing Credit*
$325,000
1,550 SqFt
3 Beds
•1 Full Bath, 1 Partial
Wallace E Peiffer, Listing Office: Premier Advantage Realty Inc
Is Butner, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Butner has remained a Seller's Market.
Key Takeaway
Butner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Butner, NC
How much do homes in Butner, NC cost?
Median Sold Price
$316,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,000(+1.9%)
Key Takeaway
Homes in Butner have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Butner was $316,000 in October 2024, up 1.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210.2K | $267K | +27.0% |
| 3 Bedrooms | $285K | $314.9K | +10.5% |
| 4 Bedrooms | $350K | $395K | +12.9% |
| 5+ Bedrooms | $422.5K | - | N/A |
Summary: Butner housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dutchville Township | $307.5K | $315.5K | +2.6% |
| Butner | $310K | $316K | +1.9% |
| Creedmoor | $346.7K | $350K | +1.0% |
Housing Supply in Butner, NC
How many homes are available in Butner, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Summary: The Butner real estate market had 17 homes for sale in October 2024, a 70.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 14 | +75.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Butner 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butner, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Butner in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Butner, NC
How long does it take to sell a home in Butner, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 26 Days | -49.1% |
Summary: Homes in Butner had an average of 26 days on market in Oct 2024, down by 49.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Butner are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Butner; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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