$2,791 Closing Credit*
$235,000
2,192 SqFt
3 Beds
•2 Full Baths, 1 Partial
Dale Edwards, Listing Office: C-21 Hancock Properties
Is Butner, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Butner was a Seller's Market.
Key Takeaway
Butner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Butner, NC
How much do homes in Butner, NC cost?
Median Sold Price
$315,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$2,500(+0.8%)
Key Takeaway
Homes in Butner have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Butner was $315,000 in September 2024, up 0.8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210.2K | $267K | +27.0% |
| 3 Bedrooms | $287.5K | $309.4K | +7.7% |
| 4 Bedrooms | $355K | $390.2K | +9.9% |
| 5+ Bedrooms | $385K | $460K | +19.5% |
Summary: Butner housing prices by bedroom type for September 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 7.7%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Dutchville Township | $310K | $315K | +1.6% |
| Creedmoor | $345K | $350K | +1.4% |
| Butner | $312.5K | $315K | +0.8% |
Housing Supply in Butner, NC
How many homes are available in Butner, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Summary: The Butner real estate market had 10 homes for sale in September 2024, a 33.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Butner housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Butner, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Butner in September 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 31 Days | 19 Days | -39.7% |
Summary: Homes in Butner had an average of 19 days on market in Sep 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were 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 September 2024, 1 homes were sold in Butner; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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