Is Blount County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blount County is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Blount County has remained a Seller's Market.

Key Takeaway

Blount County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Blount County, TN cost?

Median Sold Price

$304,487

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$44,526(+17.1%)

Key Takeaway

Homes in Blount County have sold for 17.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $215K$229K
+6.5%
2 $157.3K$190K
+20.8%
3 $244.9K$299.8K
+22.4%
4 $353.7K$404.4K
+14.3%
5+ $473.5K$493K
+4.1%

Median Sold Price Compared To Nearby Counties

Monroe County
+23.4%
Knox County
+19.9%
Blount County
+17.1%
Loudon County
+16.6%

How many homes are available in Blount County, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
510534+4.7%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 1010
0.0%
2 7690
+18.4%
3 308308
0.0%
4 96106
+10.4%
5+ 2020
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
159158-0.6%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

87 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blount County, you could pay more than the asking price. 55.4% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Blount County, TN

There are 534 homes are for sale in Blount County, TN real estate market. Between March 2022 and April 2022, Blount County, TN real estate market has seen increase in the number of listings by 4.7%. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties increased by 6.5%, prices of 2 bedrooms properties went up by 20.8%, the cost of 3 bedrooms properties went up by 22.4%, prices of 4 bedrooms properties increased by 14.3%, 5 bedrooms properties became 4.1% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 18.4%, 3 bedrooms homes did not move, 4 bedrooms homes became 10.4% more available, 5 bedrooms homes inventory did not change. Blount County, TN housing market in April 2022 saw over 87 listings sold above listed price, more than 27 sold at listed price and over 43 sold below.

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