Is Hardeman County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hardeman County has remained a Buyer's Market.
Key Takeaway
Hardeman County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hardeman County, TN
How much do homes in Hardeman County, TN cost?
Median Sold Price
$179,500
$109/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hardeman County have sold for 139.3% more than they did a month ago.
Summary: The median home sold price in Hardeman County was $179,500 in April 2024, up 139.3% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $37K | $13.5K | -63.5% |
| 3 Bedrooms | $75K | $179.5K | +139.3% |
| 4 Bedrooms | $360K | - | N/A |
| 5+ Bedrooms | - | $775K | N/A |
Summary: Hardeman County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.5%, 3 bedroom homes increased by 139.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hardeman County, TN
How many homes are available in Hardeman County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 86 | +8.9% |
Summary: The Hardeman County real estate market had 86 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 35 | 43 | +22.9% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Hardeman County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 22.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hardeman County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Hardeman County in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Hardeman County, TN
How long does it take to sell a home in Hardeman County, TN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Day | 95 Days | +9400.0% |
Summary: Homes in Hardeman County had an average of 95 days on market in Apr 2024, up by 9400% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hardeman County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Hardeman County; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.