The Unshakable Investor

Unshakable ZIP Data 37640 | Butler, TN Housing Market

Butler · Johnson County · Johnson City, TN metro · Tennessee · Data updated June 19, 2026

The median sale price in ZIP 37640, Butler, Tennessee is $424,874 at $244 per square foot. 11 single-family homes sold in the latest period, up 13.3 percent from a year earlier. Homes sit a median of 88 days on market with 11.3 months of supply. Sellers are getting 96.8 percent of list price and 9.1 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$307,959
Average price per sq ft$177
Median sale price$424,874
Median sale price per sq ft$244
Median home size1,739 sq ft
Median new listing price$580,042-1.7%
National size rank16,264

Sales activity

MetricValueYear over year
Homes sold11+13.3%
Median days on market88 days
Months of supply11.3 months
New listings40+88.5%
Active listings57+31.9%
Pending sales16+47.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.8%+5.5 pts
Share sold above list9.1%-0.9 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$292,945
3-bedroom
$444,689

These figures describe the single-family market for Butler, Tennessee ZIP 37640. They are market context, not a substitute for sold comps or a formal appraisal.