$69,900
Will Suitt Rd Lot 4
Butner, NC
Land27,443 sqft lot
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Compass Real Estate · Butner, NC
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Butner, NC(512) 555-0184TX License #0512847
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Butner, NC Housing Market
Leaning buyer's-4.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Butner, NC is worth $267,826, fell 4.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $312,500, -15.3% year over year (through May 2026). With 5.5 months of supply and homes going under contract in about 84 days, Butner is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $267,826 home is about $1,430/mo in principal and interest.
Key numbers for Butner, NC
Typical home value
$267,826
-4.0% in 12 months
Zillow, August 2026
Median sale price
$312,500
-15.3% year over year
Redfin, through May 2026
Days on market
84
Slow-moving
Redfin, through May 2026
Active listings
11
5.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$72,917
Home costs 3.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.8%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 Butner a buyer's or seller's market?
Leaning buyer's5.5 months of supply84 days on market100.8% of asking
Butner, NC is a leaning buyer's, based on 5.5 months of supply and homes selling in about 84 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Butner housing market data show?
Every row below is Redfin's final published month for Butner, NC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $312,500 |
| Median list price | $368,000 |
| Year-over-year price change | -15.3% |
| Median price per sq ft | $193/sq ft |
| Median days on market | 84 days |
| Active inventory | 11 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 100.8% |
| Homes sold (that month) | 2 |
| New listings (that month) | 7 |
| Listings with a price cut | 27.3% |
| Market condition | Leaning buyer's |
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 Butner is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Butner 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 Butner home prices moved?
Over the last three years the median sale price in Butner, NC rose 163.7%, from $118,500 to $312,500. The live Zillow value series has fell 4.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 27.3% of Butner 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 5.5 months while the sale-to-list ratio slips below its current 100.8%. 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 Butner?
Priced off the typical home value of $267,826 at the current 7.03% 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% | $53,565 | $214,261 | $1,430/mo |
| 5% | $13,391 | $254,435 | $1,698/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 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 $1,430, that implies roughly $61,277 a year before you add taxes and insurance. The median household in Butner earns $72,917, about $11,640 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Butner in the next 12 months?
Tell us your timeline. We send the Butner 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 Butner?
Zillow does not publish a rent index (ZORI) for Butner, NC, 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 Butner?
Active listings in Butner, NC went from 12 in April 2025 to 11 in May 2026, a -8.3% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 12 | 5 |
| June 2025 | 9 | 3 |
| July 2025 | 10 | 6 |
| August 2025 | 11 | 6 |
| October 2025 | 15 | 9 |
| November 2025 | 14 | 6 |
| December 2025 | 12 | 1 |
| January 2026 | 11 | 5 |
| February 2026 | 9 | 4 |
| March 2026 | 8 | 3 |
| April 2026 | 8 | 8 |
| May 2026 | 11 | 7 |
Redfin, through May 2026
How does Butner compare to North Carolina and the U.S.?
Butner homes sell for $312,500 — 21% below the North Carolina median of $397,600. Against the national median of $410,700, Butner runs 24% lower. Year-over-year, Butner moved -15.3% against North Carolina's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Butner, NC | $312,500 | -15.3% | 84 days |
| North Carolina statewide | $397,600 | +2.1% | 52 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 Butner
What buyers should watch
- Months of supply, currently 5.5. 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 27.3%. 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 $268 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $267,826 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 Butner listing goes under contract in 84 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 100.8% of asking. Price at the number you want and let competition do the rest.
- In the last published month Butner added 7 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -4.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Butner varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Butner
There are currently 11 homes listed for sale in Butner, North Carolina. The median listing price is $368K. Featured listings range from $69,900 to $459,900.
$309,900
600 18th St
Butner, NC
4 bd2 ba1,910 sqft$162/ft²
House24,394 sqft lot
View photos & details
$310,000
1205 W C St
Butner, NC
4 bd2 ba1,728 sqft$179/ft²
duplex triplex17,424 sqft lot
View photos & details
$310,900
1180 Andrews Ct
Butner, NC
4 bd3 ba2,019 sqft$154/ft²
House13,939 sqft lot
View photos & details
$340,000
503 Central Ave
Butner, NC
3 bd2 ba1,706 sqft$199/ft²
House22,651 sqft lot
View photos & details
$345,000
1739 Cobblestone Dr
Butner, NC
4 bd2 ba1,625 sqft$212/ft²
House37,462 sqft lot
View photos & details
$369,900
1589 Rogers Pointe Ln
Butner, NC
3 bd3 ba1,935 sqft$191/ft²
House11,326 sqft lot
View photos & details
$375,000
1149 Shasta Ct
Butner, NC
3 bd3 ba1,995 sqft$188/ft²
House21,780 sqft lot
View photos & details
$395,000
1495 Concord Church Rd
Butner, NC
Land1.05 acres
View photos & details
$399,000
1725 Cobblestone Dr
Butner, NC
3 bd3 ba1,994 sqft$200/ft²
House29,185 sqft lot
View photos & details
$414,500
1214 Hunter Ct
Butner, NC
4 bd3 ba2,302 sqft$180/ft²
House9,583 sqft lot
View photos & details
$459,900
1171 Jackson Ct
Butner, NC
4 bd4 ba3,187 sqft$144/ft²
House11,326 sqft lot
View photos & details
Looking to buy in Butner?
Get connected with a local real estate expert — free, no obligation.
Active listings
11
Homes on market
Median list price
$368K
Avg. days on market
84
Days until sale
New this week
7
Newly listed
Price drops:27.3%of listings
Sale-to-list:100.8%
How much do homes cost in Butner by property type?
How the Butner, NC 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 | $312,500 | $193/sq ft | 2 | 84 days |
| Townhouse | $235,000 | $157/sq ft | 1 | 78 days |
Who lives in Butner?
American Community Survey estimates for Butner. U.S. Census ACS, 2023
Population
7,996
Households
2,625
Median income
$72,917/yr
Median age
41.4 years
Owner-occupied
71.8%
Median home value
$225,600
Median gross rent
$1,195/mo
Mean commute
25.8 min
71.8% of occupied homes in Butner 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. The Census self-reported median home value is $225,600 against Zillow's $267,826 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Butner?
2 schools tracked · 919 students
The largest public schools serving Butner, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Butner-Stem Elementary
Grades PK-5 · 516 students
Butner-Stem Middle
Grades 6-8 · 403 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Butner, NC?
Ordered by distance from Butner, not by size. Compare Butner side by side with any of them.
Butner housing market FAQ
Is Butner a buyer's or seller's market?
Butner, NC is currently a leaning buyer's. That read comes from 5.5 months of supply, homes going under contract in about 84 days, and sellers getting 100.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Butner?
The typical home in Butner, NC is worth $267,826 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $312,500, about $193 per square foot.
Is Butner cheaper than the rest of North Carolina?
Butner's median sale price of $312,500 is 21% lower than the North Carolina statewide median of $397,600, and 24% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Butner?
Homes in Butner, NC spent a median of 84 days on market before going under contract, versus 52 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 Butner?
At the current 30-year fixed rate of 7.03%, 20% down on a $267,826 home is about $1,430 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $61,277 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $72,917.
Are home prices rising in Butner?
The typical home value in Butner, NC fell 4.0% over the last 12 months, from $279,020 to $267,826 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Butner?
Butner 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 Butner?
That depends on your timeline, not on a headline. What the data says today: Butner, NC is a leaning buyer's with 5.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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