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Foreclosure Homes in Butner, NC 27509

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Butner, NC Foreclosures

How much do homes sell for in Butner, NC?
The average home price is currently $305,503.
In Butner, NC, how many homes are available?
There are currently 7 active home listings available in Butner.
What’s the average rental cost in Butner, NC?
The average rental price in Butner is $1,154.
What is the most expensive home in Butner?
The most expensive home sold in Butner had a price of $12,889,886.
What is currently the cheapest priced home in Butner, NC?
The cheapest home for sale in Butner is priced at $22,046.

Living in Butner, NC

Butner, NC is a quaint town known for its friendly community and abundance of recreational activities. Residents enjoy the natural beauty of local parks, along with various community events throughout the year. Its proximity to major highways provides easy access to bigger cities while maintaining a peaceful, small-town vibe.

Current Market Conditions in Butner, NC

Current real estate market in Butner is experiencing steady growth, attributed to an increasing number of families moving into the area for its affordable housing options and favorable lifestyle. Home prices have been gradually rising but still remain lower than the national average, making it an attractive option for first-time homebuyers.

Investor interest in Butner has grown due to the potential for rental properties, as more individuals seek to relocate to areas with affordable housing. The trend indicates a shift in demand away from larger urban centers, presenting opportunities for real estate investment in the area.

Home Value Estimator For Butner, NC

There are currently 1,135 real estate properties in Butner, NC, with a median automated valuation model (AVM) price of $271,119.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Butner, NC, 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 Butner, NC, is $305,503.00, with the most expensive house in Butner, NC, topping out at $12,889,886.00 and the cheapest home in Butner, NC, clocking in at $22,046.00. In other words, there’s something for every potential homebuyer or savvy investor in Butner, NC!

Rent Prices In Butner, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Butner, NC, is on a rollercoaster ride. The average rent price in Butner, NC, is $1,154.00. Indeed, when looking to rent in Butner, NC, you can expect to pay as little as $620.00 or as much as $2,190.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Butner, NC -- 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.

Butner, NC 27509 Foreclosures

Market Trend for Butner, NC

Total Listings Available: 7

Market Values:

Home Prices from $22,046 to $12,889,886

Average Sales Price: $305,503

Rental Values:

Rental from $620 to $2,190

Average Rent Value: $1,154 / month

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