$75,000
1437 Rim Rock Dr
Butte Creek Canyon, CA
Land28,750 sqft lot
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Compass Real Estate · Butte Creek Canyon, CA
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Butte Creek Canyon, CA(512) 555-0184TX License #0512847
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Butte Creek Canyon, CA Housing Market
Buyer's market+53.8% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The last median sale price Redfin published was $1.20M, +53.8% year over year (through May 2026). With 8.0 months of supply and homes going under contract in about 286 days, Butte Creek Canyon is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $1.20M home is about $6,169/mo in principal and interest.
Key numbers for Butte Creek Canyon, CA
Median sale price
$1.20M
+53.8% year over year
Redfin, through May 2026
Days on market
286
Slow-moving
Redfin, through May 2026
Active listings
8
8.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$100,197
Home costs 12.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.6%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Butte Creek Canyon a buyer's or seller's market?
Buyer's market8.0 months of supply286 days on market95.6% of asking
Butte Creek Canyon, CA is a buyer's market, based on 8.0 months of supply and homes selling in about 286 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Butte Creek Canyon housing market data show?
Every row below is Redfin's final published month for Butte Creek Canyon, CA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.20M |
| Median list price | $548,750 |
| Year-over-year price change | +53.8% |
| Median price per sq ft | $204/sq ft |
| Median days on market | 286 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 95.6% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Butte Creek Canyon is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Butte Creek Canyon is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Butte Creek Canyon home prices moved?
Over the last three years the median sale price in Butte Creek Canyon, CA rose 131.7%, from $518,000 to $1.20M. 37.5% of Butte Creek Canyon listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 8.0 months while the sale-to-list ratio slips below its current 95.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Butte Creek Canyon?
Priced off the median sale price of $1.20M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $240,000 | $960,000 | $6,169/mo |
| 5% | $60,000 | $1.14M | $7,326/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $6,169, that implies roughly $264,395 a year before you add taxes and insurance. The median household in Butte Creek Canyon earns $100,197, about $164,198 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 12.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Butte Creek Canyon in the next 12 months?
Tell us your timeline. We send the Butte Creek Canyon market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Butte Creek Canyon?
Zillow does not publish a rent index (ZORI) for Butte Creek Canyon, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Butte Creek Canyon?
Active listings in Butte Creek Canyon, CA went from 2 in January 2025 to 8 in May 2026, a +300.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| March 2025 | 6 | 5 |
| April 2025 | 10 | 5 |
| May 2025 | 10 | 3 |
| June 2025 | 9 | 1 |
| July 2025 | 7 | not published |
| August 2025 | 6 | 1 |
| September 2025 | 8 | 3 |
| December 2025 | 4 | not published |
| January 2026 | 3 | 1 |
| February 2026 | 4 | 2 |
| April 2026 | 7 | 4 |
| May 2026 | 8 | 2 |
Redfin, through May 2026
How does Butte Creek Canyon compare to California and the U.S.?
Butte Creek Canyon homes sell for $1.20M — 35% above the California median of $887,400. Against the national median of $410,700, Butte Creek Canyon runs 192% higher. Year-over-year, Butte Creek Canyon moved +53.8% against California's +3.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Butte Creek Canyon, CA | $1.20M | +53.8% | 286 days |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Butte Creek Canyon
What buyers should watch
- Months of supply, currently 8.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 37.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,157 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $1.20M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Butte Creek Canyon listing goes under contract in 286 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Butte Creek Canyon added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Butte Creek Canyon varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Butte Creek Canyon
There are currently 8 homes listed for sale in Butte Creek Canyon, California. The median listing price is $549K. Featured listings range from $75,000 to $1,079,000.
$79,000
1045 Honey Run Rd
Butte Creek Canyon, CA
Land12,632 sqft lot
View photos & details
$148,000
4252 Conejo Ln
Butte Creek Canyon, CA
Land5.44 acres
View photos & details
$175,000
12738 Centerville Rd
Butte Creek Canyon, CA
Land1.28 acres
View photos & details
$272,500
13566 Helltown Parcel 1
Butte Creek Canyon, CA
Land10.00 acres
View photos & details
$272,500
13566 Helltown Parcel 2
Butte Creek Canyon, CA
Land10.00 acres
View photos & details
$350,000
15 Eagle Nest Dr
Butte Creek Canyon, CA
Land1.47 acres
View photos & details
$430,000
Centerville Rd
Butte Creek Canyon, CA
Land12.64 acres
View photos & details
$699,000
5056 Hooper Ln
Butte Creek Canyon, CA
5 bd3 ba3,447 sqft$203/ft²
House6.44 acres
View photos & details
$699,950
116 Eagle Nest Dr
Butte Creek Canyon, CA
4 bd2 ba2,190 sqft$320/ft²
House39,640 sqft lot
View photos & details
$885,000
155 Spanish Garden Dr
Butte Creek Canyon, CA
4 bd3 ba2,876 sqft$308/ft²
House3.04 acres
View photos & details
$1,079,000
1479 Oak Ridge Dr
Butte Creek Canyon, CA
4 bd4 ba3,834 sqft$281/ft²
House30,056 sqft lot
View photos & details
Looking to buy in Butte Creek Canyon?
Get connected with a local real estate expert — free, no obligation.
Active listings
8
Homes on market
Median list price
$549K
Avg. days on market
286
Days until sale
New this week
2
Newly listed
Price drops:37.5%of listings
Sale-to-list:95.6%
How much do homes cost in Butte Creek Canyon by property type?
How the Butte Creek Canyon, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.20M | $204/sq ft | 1 | 286 days |
Who lives in Butte Creek Canyon?
American Community Survey estimates for Butte Creek Canyon. U.S. Census ACS, 2023
Population
783
Households
294
Median income
$100,197/yr
Median age
54.4 years
Owner-occupied
82.3%
Median home value
$700,700
Mean commute
16.6 min
82.3% of occupied homes in Butte Creek Canyon are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Butte Creek Canyon, CA?
Ordered by distance from Butte Creek Canyon, not by size. Compare Butte Creek Canyon side by side with any of them.
Butte Creek Canyon housing market FAQ
Is Butte Creek Canyon a buyer's or seller's market?
Butte Creek Canyon, CA is currently a buyer's market. That read comes from 8.0 months of supply, homes going under contract in about 286 days, and sellers getting 95.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Butte Creek Canyon?
The median sale price in the last month Redfin published was $1.20M, about $204 per square foot.
Is Butte Creek Canyon cheaper than the rest of California?
Butte Creek Canyon's median sale price of $1.20M is 35% higher than the California statewide median of $887,400, and 192% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Butte Creek Canyon?
Homes in Butte Creek Canyon, CA spent a median of 286 days on market before going under contract, versus 33 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Butte Creek Canyon?
At the current 30-year fixed rate of 6.66%, 20% down on a $1.20M home is about $6,169 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $264,395 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $100,197.
Are home prices rising in Butte Creek Canyon?
Redfin's last published year-over-year change for Butte Creek Canyon, CA was +53.8%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Butte Creek Canyon?
Butte Creek Canyon ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Butte Creek Canyon?
That depends on your timeline, not on a headline. What the data says today: Butte Creek Canyon, CA is a buyer's market with 8.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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