Population: 3,517 · Density: 12.9/mi² · Median household income: $49,965
Typical home value: $147,403 · Homeownership: 80.9%
Data as of January 2026. Source: Realtor.com.
The BUTLER, TN real estate market (37640) currently shows 32 active listings, with 9 pending sales. Homes are averaging 166 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 166 days on market compared to 120 days last year.
The median listing price has risen 13.6% year-over-year, from $549,900 to $624,950.
Whether you are buying or selling in BUTLER, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 37640 | Butler, TN 37640 | 0.0 mi | 32 | $24,636,896 | $624,950 | $769,903 |
| 37643 | Elizabethton, TN 37643 | 9.4 mi | 103 | $39,063,265 | $319,900 | $379,255 |
| 37658 | Hampton, TN 37658 | 10.8 mi | 12 | $3,124,056 | $267,450 | $260,338 |
| 37687 | Roan Mountain, TN 37687 | 11.9 mi | 26 | $14,465,360 | $479,350 | $556,360 |
| 37691 | Trade, TN 37691 | 12.6 mi | 4 | $2,213,900 | $454,950 | $553,475 |
| 28698 | Zionville, NC 28698 | 13.5 mi | 7 | $7,355,719 | $464,950 | $1,050,817 |
| 37618 | Bluff City, TN 37618 | 15.9 mi | 34 | $15,895,646 | $368,193 | $467,519 |
| 37694 | Watauga, TN 37694 | 17.0 mi | 5 | $1,633,750 | $307,000 | $326,750 |
| 37601 | Johnson City, TN 37601 | 19.1 mi | 136 | $65,490,936 | $339,900 | $481,551 |
| 28607 | Boone, NC 28607 | 20.2 mi | 124 | $114,220,244 | $675,000 | $921,131 |
| 28605 | Blowing Rock, NC 28605 | 20.5 mi | 80 | $93,757,520 | $789,000 | $1,171,969 |
| 28657 | Newland, NC 28657 | 21.0 mi | 77 | $41,316,660 | $498,000 | $536,580 |
| 37680 | Laurel Bloomery, TN 37680 | 21.9 mi | 2 | $700,000 | $350,000 | $350,000 |
As of January 2026, there are 32 active listings in BUTLER, TN (zip code 37640), compared to 34 the prior year.
The median listing price in BUTLER, TN 37640 is $624,950 as of January 2026, a 13.6% increase from $549,900 the prior year.
Homes in BUTLER, TN 37640 spend an average of 166 days on the market before going under contract, compared to 120 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BUTLER, TN 37640 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 166 days on market compared to 120 days last year.
With SELL123.com's maximum 3% commission, sellers in BUTLER, TN 37640 save an estimated $12,499 compared to a typical 5% commission on the median listing price of $624,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.