Is Bledsoe County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bledsoe County was a Buyer's Market.
Housing Prices in Bledsoe County, TN
How much do homes in Bledsoe County, TN cost?
Median Sold Price
$230,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bledsoe County was $230,000 in March 2024, down 3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139K | $240K | +72.7% |
2 Bedrooms | $165K | $174.9K | +6.0% |
3 Bedrooms | $253K | $239K | -5.5% |
4 Bedrooms | $365K | $308K | -15.6% |
5+ Bedrooms | $350K | $700K | +100.0% |
Summary: Bledsoe County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Counties
Rhea County | $271.3K | $299K | +10.2% |
Cumberland County | $300K | $318.1K | +6.1% |
Bledsoe County | $237K | $230K | -3.0% |
Sequatchie County | $259.9K | $250K | -3.8% |
Housing Supply in Bledsoe County, TN
How many homes are available in Bledsoe County, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Summary: The Bledsoe County real estate market had 41 homes for sale in March 2024, a 13.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Bledsoe County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bledsoe County in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bledsoe County, TN
How long does it take to sell a home in Bledsoe County, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 75 Days | +29.7% |
Summary: Homes in Bledsoe County had an average of 75 days on market in Mar 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Bledsoe County; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.