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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Humboldt is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Humboldt has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Humboldt, TN

How much do homes in Humboldt, TN cost?

Median Sold Price

$78,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$59,000(-43.1%)

Key Takeaway

Homes in Humboldt have sold for 43.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $137K$78K
-43.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Humboldt 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 43.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Humboldt, TN

How many homes are available in Humboldt, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
914+55.6%

Summary: The Humboldt real estate market had 14 homes for sale in April 2024, a 55.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 36
+100.0%
4 33
0.0%
5+ 12
+100.0%

Summary: The Humboldt 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 increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Humboldt, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Humboldt in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Humboldt, 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 9 Days Ago

Newest Listings in Humboldt, TN

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