The Lake Butler housing market is somewhat competitive. The median sale price of a home in Lake Butler was $1.4M last month, up 27.8% since last year. The median sale price per square foot in Lake Butler is $325, up 4.0% since last year.
What is the housing market like in Lake Butler today?
In March 2024, Lake Butler home prices were up 27.8% compared to last year, selling for a median price of $1.4M. On average, homes in Lake Butler sell after 42 days on the market compared to 38 days last year. There were 36 homes sold in March this year, up from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,380,000
+27.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Butler, FL
$1,380,000
+27.8%
United States
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How hot is the Lake Butler housing market?
Lake Butler is somewhat competitive. Homes sell in 24.5 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lake Butler
Explore recent offers and recently sold homes in Lake Butler
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Butler housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Butler.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Butler has a minor risk of flooding. 336 properties in Lake Butler are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lake Butler. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Butler has a moderate risk of wildfire. There are 2,522 properties in Lake Butler that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in Lake Butler.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Butler has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Butler is most at risk from hurricanes. 7,032 properties in Lake Butler have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 166 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 182 mph.