Is White Pine, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, White Pine was a Seller's Market.
Housing Prices in White Pine, TN
How much do homes in White Pine, TN cost?
Median Sold Price
$275,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in White Pine was $275,000 in March 2024, up 19.6% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $175.4K | +3.2% |
3 Bedrooms | $239.9K | $285K | +18.8% |
4 Bedrooms | $225K | $270K | +20.0% |
5+ Bedrooms | $450K | $825K | +83.3% |
Summary: White Pine housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 83.3%.
Median Sold Price Compared To Nearby Cities
White Pine | $229.9K | $275K | +19.6% |
Talbott | $282.9K | $289.7K | +2.4% |
Morristown | $265.1K | $269.9K | +1.8% |
Housing Supply in White Pine, TN
How many homes are available in White Pine, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 29 | +38.1% |
Summary: The White Pine real estate market had 29 homes for sale in March 2024, a 38.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 18 | 25 | +38.9% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The White Pine 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 33.3%, 3 bedroom homes increased by 38.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in White Pine in March 2024, down by 66.7% month-over-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 White Pine, TN
How long does it take to sell a home in White Pine, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 64 Days | -11.1% |
Summary: Homes in White Pine had an average of 64 days on market in Mar 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in White Pine; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.