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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson County is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Wilson County, TN

How much do homes in Wilson County, TN cost?

Median Sold Price

$485,364

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$45,349(+10.3%)

Key Takeaway

Homes in Wilson County have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Wilson County was $485,364 in June 2024, up 10.3% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $310K$130K
-58.1%
2 $305.9K$349K
+14.1%
3 $375K$414.4K
+10.5%
4 $570.4K$588.9K
+3.2%
5+ $639.9K$688.9K
+7.7%

Summary: Wilson County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.1%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Counties

Trousdale County
+12.6%
Wilson County
+10.3%
Smith County
+6.3%
Davidson County
+4.7%
Sumner County
+2.6%

Housing Supply in Wilson County, TN

How many homes are available in Wilson County, TN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,0061,051+4.5%

Summary: The Wilson County real estate market had 1,051 homes for sale in June 2024, a 4.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 23
+50.0%
2 7871
-9.0%
3 470484
+3.0%
4 357378
+5.9%
5+ 99115
+16.2%

Summary: The Wilson County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 16.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
232207-10.8%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

68 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson County, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 207 homes were sold or pending in Wilson County in June 2024, down by 10.8% month-over-month. Of the 201 sold homes, 52% were sold under asking, 34% were sold at asking, and 14% were sold over asking.

Days on Market for Wilson County, TN

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

Average Sale Time

Jun 2023Jun 2024CHANGE
18 Days24 Days+29.8%

Summary: Homes in Wilson County had an average of 24 days on market in Jun 2024, up by 29.8% compared to last year.

Breakdown of Home Sale Times

149 Homes Were Sold
Under 30 Days

47 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wilson County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 207 homes were sold in Wilson County; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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 26 Days Ago

Newest Listings in Wilson County, TN

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