Is Cocke County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cocke County was a Seller's Market.
Housing Prices in Cocke County, TN
How much do homes in Cocke County, TN cost?
Median Sold Price
$240,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cocke County was $240,000 in April 2024, up 4.3% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $302.5K | +51.2% |
2 Bedrooms | $230K | $218.7K | -4.9% |
3 Bedrooms | $235K | $224K | -4.7% |
4 Bedrooms | $259K | $270K | +4.2% |
5+ Bedrooms | $208K | $505K | +142.8% |
Summary: Cocke County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.2%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 142.8%.
Median Sold Price Compared To Nearby Counties
Greene County | $237.6K | $265K | +11.5% |
Jefferson County | $300.9K | $325K | +8.0% |
Cocke County | $230K | $240K | +4.3% |
Hamblen County | $274.9K | $281.2K | +2.3% |
Sevier County | $463.5K | $450.8K | -2.7% |
Housing Supply in Cocke County, TN
How many homes are available in Cocke County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 113 | +2.7% |
Summary: The Cocke County real estate market had 113 homes for sale in April 2024, a 2.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 14 | +7.7% |
2 Bedrooms | 31 | 27 | -12.9% |
3 Bedrooms | 43 | 44 | +2.3% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Cocke County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Cocke County in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and 20% were sold over asking.
Days on Market for Cocke County, TN
How long does it take to sell a home in Cocke County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 31 Days | -51.3% |
Summary: Homes in Cocke County had an average of 31 days on market in Apr 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Cocke County; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.