Market Report · October 2026

Watauga Lake Real Estate Market

Real numbers from local MLS sales across the Watauga Lake area — trailing 12 months, not a national portal's guess.

Homes — by Water Feature

Lake front, lake view, lake access, and the surrounding area are four different markets. Here's each one:

Lake Front Homes
water at the property
$650,000
Median Sold
9
Sold · 12 mo
43
Avg DOM
2
Active Now
$3,690,000
Active Median
See the 2 active + 9 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 8/10/2026 000 Undisclosed Drive, Butler $6,700,000 66 MLS
Active 6/3/2026 465 Big Oak, Butler $680,000 134 MLS
Sold 8/12/2026 285 Cable Hollow Road $1,440,000 68 MLS
Sold 7/17/2026 143 Lakeside Drive $650,000 88 MLS
Sold 7/13/2026 162 Cable Hollow Road $629,000 53 MLS
Sold 7/9/2026 1053 Piercetown Road $799,000 1 MLS
Sold 7/2/2026 249 Candlewood Lane $3,000 35 MLS
Sold 6/12/2026 134 Summer Hill Private Drive $1,050,000 59 MLS
Sold 5/29/2026 248 Cable Hollow Road $900,000 36 MLS
Sold 5/1/2026 1065 Piercetown Road $625,000 28 MLS
Sold 4/29/2026 889 Piercetown Road $600,000 20 MLS
Lake Access Homes
deeded or community access
$717,500
Median Sold
8
Sold · 12 mo
188
Avg DOM
14
Active Now
$712,450
Active Median
See the 14 active + 8 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 4/7/2026 710 Gordon Ridge Road, Butler $1,760,250 191 MLS
Active 6/10/2026 589 Harbor Point Road, Butler $950,000 127 MLS
Active 5/13/2026 375 Lake Cabin Lane, Butler $825,000 155 MLS
Active 3/17/2026 136 Farmhouse Village Trail, Butler $795,000 212 MLS
Active 3/17/2026 232 Farmhouse Village Trail, Butler $795,000 212 MLS
Active 3/17/2026 190 Farmhouse Village Trail, Butler $795,000 212 MLS
Active 6/28/2026 397 Lake Cabin Lane, Butler $725,000 109 MLS
Active 7/15/2026 505 Scott Street, Butler $699,900 92 MLS
Active 10/4/2026 2210 Norris Road, Butler $539,500 11 MLS
Active 7/8/2026 512 Norris Rd ( Bridle Path) Road, Butler $519,000 99 MLS
Active 1/2/2026 476 Norris Rd ( Bridle Path) Road, Butler $499,000 286 MLS
Active 1/2/2026 477 Norris Rd ( Bridle Path) Road, Butler $499,000 286 MLS
Active 8/30/2026 2028 Dry Hill Road, Butler $475,000 46 MLS
Active 5/8/2026 115 Lonesome Pine Trail, Butler $414,000 160 MLS
Sold 10/2/2026 109 Lonesome Pine Trail $800,000 127 MLS
Sold 9/16/2026 2288 Norris Hollow Road $889,000 49 MLS
Sold 9/9/2026 110 River Lane $535,000 385 MLS
Sold 9/3/2026 1458 Dry Hill Road $400,000 99 MLS
Sold 5/29/2026 221 Harbor View Road $926,900 278 MLS
Sold 2/20/2026 306 Silver Oak Trail $635,000 130 MLS
Sold 2/18/2026 236 Lakeside Drive $618,000 321 MLS
Sold 12/11/2025 175 Deer Ridge Ct $865,000 113 MLS
Lake View Homes
view, no frontage
$308,750
Median Sold
6
Sold · 12 mo
155
Avg DOM
6
Active Now
$499,950
Active Median
See the 6 active + 6 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 5/20/2026 683 Lakeridge Drive, Butler $740,000 148 MLS
Active 10/1/2026 2899 Lakeview Drive, Butler $675,000 14 MLS
Active 5/30/2026 807 Vista Road, Butler $650,000 138 MLS
Active 8/17/2026 290 Lakeridge Road, Butler $349,900 59 MLS
Active 10/7/2026 141 Terrace Private Drive, Butler $329,000 8 MLS
Active 9/15/2026 6499 Big Dry Run Road, Butler $229,900 30 MLS
Sold 7/6/2026 179 Woodhaven Drive $310,000 293 MLS
Sold 5/26/2026 244 Bill Branch Lane $510,000 55 MLS
Sold 4/2/2026 624 Whaley Town Road $180,000 228 MLS
Sold 2/20/2026 250 Piercetown Road $235,000 100 MLS
Sold 12/8/2025 118 Managoff Ln $307,500 102 MLS
Sold 10/22/2025 261 Rainbolt St $400,000 152 MLS
Surrounding Lake Area
no frontage, view, or access
$295,000
Median Sold
29
Sold · 12 mo
145
Avg DOM
16
Active Now
$307,450
Active Median
See the 16 active + 29 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 7/28/2026 1877 Dry Hill Road, Butler $7,900,000 79 MLS
Active 6/16/2026 191 Bear Ridge Drive, Butler $1,175,000 121 MLS
Active 6/12/2026 4125 Pine Orchard Road, Butler $1,000,000 125 MLS
Active 5/6/2026 268 A Moreland Drive, Butler $595,000 162 MLS
Active 4/10/2026 289 Myrtle Drive, Butler $400,000 188 MLS
Active 7/16/2026 1357 Doe Creek Road, Butler $359,900 91 MLS
Active 9/10/2026 1120 Myrtle Drive, Butler $350,000 35 MLS
Active 7/4/2026 1570 Highway 321, Hampton $315,000 103 MLS
Active 5/21/2026 207 Main Street, Butler $299,900 147 MLS
Active 6/13/2024 136 Church Street, Butler $299,000 854 MLS
Active 10/8/2026 129 Dugger Hollow Road, Butler $299,000 7 MLS
Active 8/19/2026 130 Gene Drive, Butler $295,000 57 MLS
Active 8/4/2026 6539 Big Dry Run Road, Butler $259,000 72 MLS
Active 7/31/2026 591 Whaley Town Road, Butler $245,000 76 MLS
Active 9/10/2026 348 Piercetown Road, Butler $224,900 35 MLS
Active 10/7/2026 Address Available, Butler $79,000 8 MLS
Sold 10/13/2026 3112 Little Dry Run Road $230,000 64 MLS
Sold 10/9/2026 101 Woodhaven Drive $200,000 1 MLS
Sold 9/17/2026 3401 Little Dry Run Road $163,000 58 MLS
Sold 9/15/2026 1212 Dry Hill Road $370,000 366 MLS
Sold 9/8/2026 423 Copley Branch Road $292,000 1 MLS
Sold 8/26/2026 130 Timber Lane $350,000 83 MLS
Sold 8/7/2026 540 Whaley Town Road $292,400 62 MLS
Sold 7/17/2026 1684 Draft Road $190,000 53 MLS
Sold 7/16/2026 3306 U.S. 321 $310,000 59 MLS
Sold 6/12/2026 239 Morley Street $180,000 38 MLS
Sold 6/3/2026 4861 Dry Hill Road $1,125,000 49 MLS
Sold 6/1/2026 162 Moody Road $700,000 1054 MLS
Sold 5/4/2026 4896 Highway 321 $185,000 1 MLS
Sold 4/3/2026 4549 Pine Orchard Road $300,000 132 MLS
Sold 3/31/2026 542 Copley Branch Road $200,000 103 MLS
Sold 3/31/2026 326 Grindstaff Road $220,000 89 MLS
Sold 3/9/2026 930 Preserve Way $347,000 99 MLS
Sold 2/27/2026 231 Pine Street $290,000 144 MLS
Sold 2/24/2026 382 Lowell Stalcup Road $324,400 141 MLS
Sold 2/20/2026 718 Copperhead Hollow Road $635,000 54 MLS
Sold 2/13/2026 14135 Highway 67 (30.82 Acres) $715,000 184 MLS
Sold 2/9/2026 531 Preserve Way $362,000 433 MLS
Sold 1/20/2026 1934 Dry Hill Road $475,000 411 MLS
Sold 1/9/2026 1331 Pine Orchard Road $295,000 115 MLS
Sold 12/17/2025 636 Copley Branch Road $290,000 31 MLS
Sold 12/2/2025 162 Lakeside Dr $325,000 104 MLS
Sold 12/1/2025 318 Wayne Laws Rd $185,000 43 MLS
Sold 11/19/2025 3980 Big Dry Run Rd $475,000 189 MLS
Sold 10/30/2025 1535 Hwy 321 $135,000 39 MLS

All homes combined: 52 sold · median $356,000 · $288/sq ft · 135 days avg on market

Land & Lots

31
Parcels Sold · 12 mo
$115,000
Median Sold Price
132
Active Land Listings
285
Avg Days on Market

Waterfront land: 5 sold · median $253,117 · 7 active (active median $399,000) — vs. off-water land median $75,000.

Sales by Month — Year over Year · all property types

Prior year This year
1
2
10
6
4
6
2
10
6
6
7
8
6
6
8
8
5
8
11
5
5
9
8
4
Nov
'24 / '25
Dec
'24 / '25
Jan
'25 / '26
Feb
'25 / '26
Mar
'25 / '26
Apr
'25 / '26
May
'25 / '26
Jun
'25 / '26
Jul
'25 / '26
Aug
'25 / '26
Sep
'25 / '26
Oct
'25 / '26

On the Market Now

Active home listings 38
Active median (all homes) $509,000
Lake front active median $3,690,000
Sold-to-list ratio (homes) 95.3%
Waterfront premium (median home) +120%
Waterfront homes sold (12 mo) 9

Community Market Reports

Every community page carries its own live market report — sold prices, pace, and trend — alongside the listings, maps, and community details. Pick one on the map or from the list:

Hover a community
to see details

Parcels
Avg Acreage
View Details →

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Donaven & Christie Braun · The Braun Group at Fathom Realty TN · 423-525-9252

Aggregate statistics computed from local MLS sold data and county records, updated 10/15/2026. Individual results vary; this is not an appraisal.

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