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 October 2021

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.

How much do homes in Butts County, GA cost?

Median Sold Price

$260,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$32,670(+14.4%)

Key Takeaway

Homes in Butts County have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $226.5K$245K
+8.2%
2 $146K$204.9K
+40.4%
3 $195.5K$245K
+25.3%
4 $249.9K$300.9K
+20.4%
5+ $297K$368.6K
+24.1%

Median Sold Price Compared To Nearby Counties

Monroe County
+28.5%
Henry County
+27.3%
Newton County
+22.9%
Jasper County
+20.0%
Butts County
+14.4%

How many homes are available in Butts County, GA?

Number of Homes For Sale

Sep 2022Oct 2022%
149142-4.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 76
-14.3%
3 6875
+10.3%
4 4436
-18.2%
5+ 2823
-17.9%

Number of Homes Sold

Sep 2022Oct 2022%
4833-31.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 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. 46.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
23 Days35 Days+52.8%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Butts County, GA

Number of homes for sale in Butts County, GA real estate market have reached 142. The inventory of homes for sale in Butts County, GA between September 2022 and October 2022 decreased by 4.7%. In October 2022 median list price was $260,000 and the average listing age was 35 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 8.2% more expensive, the cost of 2 bedrooms properties went up by 40.4%, prices of 3 bedrooms properties went up by 25.3%, the cost of 4 bedrooms properties went up by 20.4%, the cost of 5 bedrooms properties went up by 24.1%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes became 14.3% less available, 3 bedrooms homes became 10.3% more available, number of 4 bedrooms homes decreased by 18.2%, number of 5 bedrooms homes decreased by 17.9%. Over 9 listings were sold over their listed price in October 2022 in Butts County, GA. In the same period over 14 listings were sold below the listed price and 7 listings were sold for the listed price.

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