Is Caryville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caryville is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Caryville, TN

How much do homes in Caryville, TN cost?

Median Sold Price

$252,700

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,700(+17.5%)

Key Takeaway

Homes in Caryville have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Caryville was $252,700 in March 2024, up 17.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $255K$120K
-52.9%
2 $148.5K$199.9K
+34.6%
3 $221.2K$250K
+13.0%
4 $252K$338.7K
+34.4%
5+ --
N/A

Summary: Caryville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.9%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes did not change.

Housing Supply in Caryville, TN

How many homes are available in Caryville, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1716-5.9%

Summary: The Caryville real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 22
0.0%
3 77
0.0%
4 55
0.0%
5+ 11
0.0%

Summary: The Caryville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caryville, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Caryville in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.

Days on Market for Caryville, TN

How long does it take to sell a home in Caryville, TN?

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days53 Days+905.0%

Summary: Homes in Caryville had an average of 53 days on market in Mar 2024, up by 905% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Caryville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Caryville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Caryville, TN

Nearby Markets to Caryville, TN

What housing markets are near Caryville, TN?