Is Giles County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Giles County has remained a Seller's Market.
Housing Prices in Giles County, TN
How much do homes in Giles County, TN cost?
Median Sold Price
$260,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Giles County was $260,000 in March 2024, up 3.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.5K | $132.5K | -15.9% |
2 Bedrooms | $171.5K | $171.5K | 0.0% |
3 Bedrooms | $262.2K | $264.4K | +0.8% |
4 Bedrooms | $307.5K | $346.5K | +12.7% |
5+ Bedrooms | $410K | $626K | +52.7% |
Summary: Giles County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 52.7%.
Median Sold Price Compared To Nearby Counties
Lincoln County | $234.2K | $248.2K | +6.0% |
Lawrence County | $250.4K | $261.7K | +4.5% |
Giles County | $251.6K | $260K | +3.3% |
Marshall County | $323.2K | $329.6K | +2.0% |
Maury County | $429.8K | $420K | -2.3% |
Housing Supply in Giles County, TN
How many homes are available in Giles County, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 149 | +15.5% |
Summary: The Giles County real estate market had 149 homes for sale in March 2024, a 15.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 23 | +27.8% |
3 Bedrooms | 77 | 91 | +18.2% |
4 Bedrooms | 26 | 26 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Giles County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 28 | +115.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Giles County in March 2024, up by 115.4% month-over-month. Of the 27 sold homes, 70% were sold under asking, 11% were sold at asking, and 19% were sold over asking.
Days on Market for Giles County, TN
How long does it take to sell a home in Giles County, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 66 Days | +60.6% |
Summary: Homes in Giles County had an average of 66 days on market in Mar 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Giles County; 43% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.