Is Carter County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Carter County was a Seller's Market.
Housing Prices in Carter County, TN
How much do homes in Carter County, TN cost?
Median Sold Price
$232,970
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Carter County was $232,970 in June 2024, up 8.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | $130K | +168.0% |
2 Bedrooms | $169K | $170K | +0.6% |
3 Bedrooms | $235K | $239.9K | +2.1% |
4 Bedrooms | $297.4K | $355K | +19.3% |
5+ Bedrooms | $361.9K | $388.9K | +7.5% |
Summary: Carter County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Counties
Carter County | $214.8K | $232.9K | +8.5% |
Washington County | $294.9K | $314.2K | +6.6% |
Sullivan County | $245K | $259.9K | +6.1% |
Johnson County | $270K | $275K | +1.9% |
Avery County | $395K | $337K | -14.7% |
Housing Supply in Carter County, TN
How many homes are available in Carter County, TN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
166 | 169 | +1.8% |
Summary: The Carter County real estate market had 169 homes for sale in June 2024, a 1.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 35 | 39 | +11.4% |
3 Bedrooms | 97 | 96 | -1.0% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Carter County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
52 | 27 | -48.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Carter County in June 2024, down by 48.1% month-over-month. Of the 27 sold homes, 63% were sold under asking, 7% were sold at asking, and 30% were sold over asking.
Days on Market for Carter County, TN
How long does it take to sell a home in Carter County, TN?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
69 Days | 56 Days | -18.9% |
Summary: Homes in Carter County had an average of 56 days on market in Jun 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Carter County; 15% of homes were sold within 30 days, 74% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.