Is Dickson, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dickson has remained a Seller's Market.
Key Takeaway
Dickson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dickson, TN
How much do homes in Dickson, TN cost?
Median Sold Price
$349,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dickson have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Dickson was $349,900 in May 2024, up 11.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.9K | $275K | +34.8% |
| 2 Bedrooms | $245K | $240K | -2.0% |
| 3 Bedrooms | $314.9K | $345K | +9.6% |
| 4 Bedrooms | $409.2K | $430K | +5.1% |
| 5+ Bedrooms | $400K | $441.4K | +10.3% |
Summary: Dickson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Dickson | $312.8K | $349.9K | +11.9% |
| Burns | $420K | $399.9K | -4.8% |
Housing Supply in Dickson, TN
How many homes are available in Dickson, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 142 | 160 | +12.7% |
Summary: The Dickson real estate market had 160 homes for sale in May 2024, a 12.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 92 | 105 | +14.1% |
| 4 Bedrooms | 28 | 35 | +25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Dickson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 38 | +46.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dickson, expect to pay close to the asking price. 39.5% of homes here sold near the asking price last month.
Summary: A total of 38 homes were sold or pending in Dickson in May 2024, up by 46.2% month-over-month. Of the 38 sold homes, 37% were sold under asking, 39% were sold at asking, and 24% were sold over asking.
Days on Market for Dickson, TN
How long does it take to sell a home in Dickson, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 31 Days | +2.9% |
Summary: Homes in Dickson had an average of 31 days on market in May 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dickson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 38 homes were sold in Dickson; 74% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.