Is Hawkins County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawkins County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Hawkins County, TN

How much do homes in Hawkins County, TN cost?

Median Sold Price

$244,975

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,109(+8.9%)

Key Takeaway

Homes in Hawkins County have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Hawkins County was $244,975 in March 2024, up 8.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $70K$89K
+27.1%
2 $145.2K$179.5K
+23.6%
3 $230K$243.5K
+5.9%
4 $288K$325K
+12.8%
5+ $395K$338.5K
-14.3%

Summary: Hawkins County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Counties

Hancock County
+33.7%
Greene County
+9.4%
Hawkins County
+8.9%
Washington County
+5.4%
Hamblen County
+1.5%

Housing Supply in Hawkins County, TN

How many homes are available in Hawkins County, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1921920.0%

Summary: The Hawkins County real estate market had 192 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 3443
+26.5%
3 113110
-2.7%
4 3328
-15.2%
5+ 98
-11.1%

Summary: The Hawkins 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 26.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3341+24.2%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hawkins County, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Hawkins County in March 2024, up by 24.2% month-over-month. Of the 41 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Hawkins County, TN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
92 Days75 Days-18.6%

Summary: Homes in Hawkins County had an average of 75 days on market in Mar 2024, down by 18.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hawkins County has remained consistent over time.

Summary: During March 2024, 41 homes were sold in Hawkins County; 15% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 39% 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 11 Days Ago

Newest Listings in Hawkins County, TN

Nearby Markets to Hawkins County, TN

What housing markets are near Hawkins County, TN?