Data as of September 2026. Source: Realtor.com.
The BUTLER, TN real estate market (37640) currently shows 54 active listings, with 7 pending sales. Homes are averaging 97 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 97 days on market compared to 83 days last year.
The median listing price has fallen 3.3% year-over-year, from $656,225 to $634,500.
Population: 3,517 · Density: 12.9/mi² · Median household income: $49,965
Typical home value: $147,403 · Homeownership: 80.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 37640 | Butler, TN 37640 | 0.0 mi | 30 | $23,875,230 | $625,000 | $795,841 |
| 37643 | Elizabethton, TN 37643 | 9.4 mi | 94 | $35,519,498 | $307,475 | $377,867 |
| 37658 | Hampton, TN 37658 | 10.8 mi | 9 | $2,329,191 | $259,675 | $258,799 |
| 37687 | Roan Mountain, TN 37687 | 11.9 mi | 26 | $13,255,320 | $414,250 | $509,820 |
| 37691 | Trade, TN 37691 | 12.6 mi | 5 | $2,386,400 | $327,500 | $477,280 |
| 28698 | Zionville, NC 28698 | 13.5 mi | 9 | $8,417,583 | $511,200 | $935,287 |
| 37618 | Bluff City, TN 37618 | 15.9 mi | 30 | $12,855,690 | $378,596 | $428,523 |
| 37694 | Watauga, TN 37694 | 17.0 mi | 5 | $1,714,085 | $357,450 | $342,817 |
| 37601 | Johnson City, TN 37601 | 19.1 mi | 129 | $59,070,648 | $316,975 | $457,912 |
| 28607 | Boone, NC 28607 | 20.2 mi | 116 | $104,968,284 | $669,000 | $904,899 |
| 28605 | Blowing Rock, NC 28605 | 20.5 mi | 71 | $88,415,661 | $903,500 | $1,245,291 |
| 28657 | Newland, NC 28657 | 21.0 mi | 71 | $46,222,846 | $496,500 | $651,026 |
| 37680 | Laurel Bloomery, TN 37680 | 21.9 mi | 3 | $726,750 | $242,250 | $242,250 |
As of September 2026, there are 54 active listings in BUTLER, TN (zip code 37640), compared to 43 the prior year.
The median listing price in BUTLER, TN 37640 is $634,500 as of September 2026, a 3.3% decrease from $656,225 the prior year.
Homes in BUTLER, TN 37640 spend an average of 97 days on the market before going under contract, compared to 83 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BUTLER, TN 37640 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 97 days on market compared to 83 days last year.
With SELL123.com's maximum 3% commission, sellers in BUTLER, TN 37640 save an estimated $12,690 compared to a typical 5% commission on the median listing price of $634,500. 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.