$10,000 Closing Credit*
$1,200,000
3,356 SqFt
4 Beds
•3 Full Baths, 1 Partial
#9974435, Annette Carroway, Listing Office: Blue Ridge Properties Col Hgts
Is Butler, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Butler was a Seller's Market.
Key Takeaway
Butler is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Butler, TN
How much do homes in Butler, TN cost?
Median Sold Price
$327,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$122,000(-27.1%)
Key Takeaway
Homes in Butler have sold for 27.1% less than they did a year ago.
Summary: The median home sold price in Butler was $327,500 in November 2024, down 27.1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184K | $212K | +15.2% |
| 2 Bedrooms | $430K | $400K | -7.0% |
| 3 Bedrooms | $516.1K | $285K | -44.8% |
| 4 Bedrooms | $425K | $950K | +123.5% |
| 5+ Bedrooms | $1.4M | $2.6M | +88.3% |
Summary: Butler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 44.8%, 4 bedroom homes increased by 123.5%, and 5+ bedroom homes increased by 88.3%.
Housing Supply in Butler, TN
How many homes are available in Butler, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The Butler real estate market had 32 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Butler 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Butler, 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 Butler in November 2024, the same as the previous 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 Butler, TN
How long does it take to sell a home in Butler, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 95 Days | 71 Days | -25.5% |
Summary: Homes in Butler had an average of 71 days on market in Nov 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Butler has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Butler; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.