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 seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Butts County has remained a Seller's Market.

Key Takeaway

Butts County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Butts County, GA

How much do homes in Butts County, GA cost?

Median Sold Price

$280,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.8%)

Key Takeaway

Homes in Butts County have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Butts County was $280,000 in April 2024, up 1.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $210K-
N/A
2 $222.5K$217.5K
-2.2%
3 $245K$255K
+4.1%
4 $310K$319.9K
+3.2%
5+ $356.4K$409K
+14.7%

Summary: Butts County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Counties

Newton County
+3.3%
Jasper County
+3.1%
Monroe County
+2.2%
Butts County
+1.8%
Henry County
-2.4%

Housing Supply in Butts County, GA

How many homes are available in Butts County, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
144168+16.7%

Summary: The Butts County real estate market had 168 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 7684
+10.5%
4 4158
+41.5%
5+ 1615
-6.3%

Summary: The Butts County housing inventory by bedroom type for April 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 10.5%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34340.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 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. 56.3% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Butts County in April 2024, the same as the previous month. Of the 32 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% 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

Apr 2023Apr 2024CHANGE
43 Days51 Days+17.7%

Summary: Homes in Butts County had an average of 51 days on market in Apr 2024, up by 17.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 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 April 2024, 34 homes were sold in Butts County; 44% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 24% 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 11 Days Ago

Newest Listings in Butts County, GA

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