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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Counce is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Counce has remained a Buyer's Market.

Key Takeaway

Counce is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Counce, TN

How much do homes in Counce, TN cost?

Median Sold Price

$307,500

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$42,500(+16.0%)

Key Takeaway

Homes in Counce have sold for 16% more than they did a year ago.

Summary: The median home sold price in Counce was $307,500 in February 2024, up 16% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$227K
N/A
2 $630K$197.4K
-68.7%
3 $256.5K$305K
+18.9%
4 $447K$399.7K
-10.6%
5+ -$770K
N/A

Summary: Counce housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 68.7%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes did not change.

Housing Supply in Counce, TN

How many homes are available in Counce, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5364+20.8%

Summary: The Counce real estate market had 64 homes for sale in February 2024, a 20.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 710
+42.9%
3 3642
+16.7%
4 57
+40.0%
5+ 44
0.0%

Summary: The Counce housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Counce, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Counce in February 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Counce, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in Counce, TN

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