The housing market in Butner, NC is a vibrant one with the median value of homes currently being $231,400 compared to the national median value of $338,100. The US house appreciation rate over the past year was 8.27%, while Butner saw a much higher rate of 15.26%. This indicates that there is strong demand for homes in Butner and that it can be quite profitable for those buying into the market. The high appreciation rate could also indicate that now is a great time to invest in property here as values are likely to continue rising in the near future.
The median home cost in Butner is $231,400. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Butner is up 25.0%.
Average Age of Homes
- The median age of Butner real estate is 25 years old
The Rental Market in Butner
- Renters make up 30.0% of the Butner population
- 4.5% of houses and apartments in Butner, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.