Is Hickman 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, Hickman County has remained a Seller's Market.
Key Takeaway
Hickman County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hickman County, TN
How much do homes in Hickman County, TN cost?
Median Sold Price
$299,900
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hickman County have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Hickman County was $299,900 in March 2024, down 4.8% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $132K | +20.0% |
| 2 Bedrooms | $238.5K | $215K | -9.9% |
| 3 Bedrooms | $335K | $309.9K | -7.5% |
| 4 Bedrooms | $294.9K | $442.5K | +50.1% |
| 5+ Bedrooms | $1.0M | $375K | -65.1% |
Summary: Hickman County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 50.1%, and 5+ bedroom homes decreased by 65.1%.
Median Sold Price Compared To Nearby Counties
| Humphreys County | $227.2K | $243.7K | +7.3% |
| Lewis County | $245K | $250K | +2.0% |
| Maury County | $429.8K | $420K | -2.3% |
| Hickman County | $315K | $299.9K | -4.8% |
Housing Supply in Hickman County, TN
How many homes are available in Hickman County, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 | 63 | -11.3% |
Summary: The Hickman County real estate market had 63 homes for sale in March 2024, a 11.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 50 | 44 | -12.0% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hickman 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 66.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hickman County, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Hickman County in March 2024, down by 31.6% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Hickman County, TN
How long does it take to sell a home in Hickman County, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 57 Days | +55.2% |
Summary: Homes in Hickman County had an average of 57 days on market in Mar 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hickman County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Hickman County; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% 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.