Is Bradley 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, Bradley County was a Seller's Market.
Key Takeaway
Bradley County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bradley County, TN
How much do homes in Bradley County, TN cost?
Median Sold Price
$300,150
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bradley County have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Bradley County was $300,150 in March 2024, up 1.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $72.5K | +141.7% |
| 2 Bedrooms | $205.5K | $229K | +11.4% |
| 3 Bedrooms | $277K | $289.9K | +4.7% |
| 4 Bedrooms | $399.9K | $396.5K | -0.9% |
| 5+ Bedrooms | $522.5K | $435K | -16.7% |
Summary: Bradley County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 141.7%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Counties
| McMinn County | $230K | $251.1K | +9.2% |
| Hamilton County | $343.2K | $352.4K | +2.7% |
| Bradley County | $294.8K | $300.1K | +1.8% |
| Meigs County | $325.2K | $325K | -0.1% |
| Polk County | $293.3K | $279.9K | -4.6% |
Housing Supply in Bradley County, TN
How many homes are available in Bradley County, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 500 | 540 | +8.0% |
Summary: The Bradley County real estate market had 540 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 72 | 74 | +2.8% |
| 3 Bedrooms | 255 | 269 | +5.5% |
| 4 Bedrooms | 129 | 142 | +10.1% |
| 5+ Bedrooms | 44 | 53 | +20.5% |
Summary: The Bradley County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 108 | 86 | -20.4% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bradley County, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Bradley County in March 2024, down by 20.4% month-over-month. Of the 86 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% were sold over asking.
Days on Market for Bradley County, TN
How long does it take to sell a home in Bradley County, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 21 Days | -36.6% |
Summary: Homes in Bradley County had an average of 21 days on market in Mar 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bradley County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 86 homes were sold in Bradley County; 17% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.