Butner, NC—27509
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Butner, NC
As of Oct '25, the median home price in Butner, NC is $271,000, with a year-over-year change of 0.6%. This indicates that home prices in Butner, NC are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | 0.6% |
| Single Family | $271,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $297,000 | 0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Butner, NC
Butner, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $999 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $999 | $999 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Butner, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Butner, NC is 59. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | -13.0% |
Listing Count | 6 | 20.0% |
| Listings as % of Homes | 0.5% | 20.0% |
Days on Market | 59 | 14.0% |
Demographics — Butner, NC
As of the latest ACS Survey released in 2023, Butner, NC has a population of 7,840, which has increased by 24.7% over the past 5 years. Butner, NC is a less popular place for families, as children make up 8.1% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,840 | 24.7% |
% Under 18 | 8.1% | -60.5% |
% Seniors | 15.3% | -5.6% |
% WFH | 11.9% | 526.3% |
% w/ College Degree | 11.5% | 12.7% |
As of the latest ACS Survey released in 2023, Butner, NC is a predominantly white area, with 41.8% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Butner, NC is black, making up 38.1% of the population. Foreign-born residents account for 12.9% of the population in Butner, NC, and this percentage has increased by 98.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 41.8% | 1.7% |
% Black | 38.1% | -8.2% |
% Hispanic | 18.1% | 31.2% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 12.9% | 98.5% |
Mortgage and Risk — Butner, NC
According to HUD data as of 2023, there were 71 mortgage originations in Butner, NC, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Butner, NC. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Butner, NC
Butner, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,310 |
| 2 Bedroom | $451 | $999 | $1,450 |
| 3 Bedroom | N/A | N/A | $1,900 |
| 4 Bedroom | $250 | $1,800 | $2,050 |
Affordability — Butner, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $271,000 |
| Median Household Income | $70,900 |