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Condo Foreclosures in Butler, TN 37640

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Butler, TN Foreclosures

Current Market Conditions in in Butler, TN As of February 2026?
Over the past month, the Butler, TN real estate market has continued to exhibit signs of stability, with home sales experiencing a slight uptick. The average home price has seen minor fluctuations; however, listings that are well-priced and well-maintained are still attracting considerable interest from buyers. Despite seasonal trends, the overall demand appears to remain consistent, making it a good time for sellers who are ready to list their properties.
How much do homes sell for in Butler, TN?
The average home price is currently $311,643.
What’s the average rental cost in Butler, TN?
The average rental price in Butler is $1,032.
What is the most expensive home in Butler?
The most expensive home sold in Butler had a price of $3,517,010.
What is currently the cheapest priced home in Butler, TN?
The cheapest home for sale in Butler is priced at $10,000.

Living in Butler, TN

Butler, TN is a charming small town nestled near Watauga Lake, perfect for those seeking a peaceful environment with easy access to outdoor activities. Known for its friendly community and stunning natural landscapes, Butler offers a unique lifestyle combining tranquility with adventure. Enjoy fishing, hiking, and the rustic charm of rural Tennessee.

Buyer vs Seller Market in Butler, TN

The real estate market in Butler has shown steady growth in recent months, driven by increased interest from those looking for vacation homes or rural retreats. The demand for properties, especially near Watauga Lake, remains high as buyers seek to escape urban settings for the peace and quiet offered by this picturesque town.

Home prices in the area have stabilized after a rapid increase last year, indicating a potential shift towards a more balanced market. However, properties are still selling relatively quickly, often receiving multiple offers due to the limited inventory and desirable location.

Home Value Estimator For Butler, TN

There are currently 1,912 real estate properties in Butler, TN, with a median automated valuation model (AVM) price of $197,994.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Butler, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Butler, TN, is $311,643.00, with the most expensive house in Butler, TN, topping out at $3,517,010.00 and the cheapest home in Butler, TN, clocking in at $10,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Butler, TN!

Rent Prices In Butler, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Butler, TN, is on a rollercoaster ride. The average rent price in Butler, TN, is $1,032.00. Indeed, when looking to rent in Butler, TN, you can expect to pay as little as $440.00 or as much as $2,920.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Butler, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Butler, TN 37640 Condos


Market Trend for Butler, TN

Total Listings Available: 0

Market Values:

Home Prices from $10,000 to $3,517,010

Average Sales Price: $311,643

Rental Values:

Rental from $440 to $2,920

Average Rent Value: $1,032 / month

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