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 August 2021

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.

How much do homes in Wilson County, TN cost?

Median Sold Price

$450,628

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$55,870(+14.2%)

Key Takeaway

Homes in Wilson County have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $230K$324K
+40.9%
2 $315K$344.8K
+9.5%
3 $335.6K$390K
+16.2%
4 $468.2K$570.8K
+21.9%
5+ $520K$630K
+21.2%

Median Sold Price Compared To Nearby Counties

Trousdale County
+28.0%
Sumner County
+25.3%
Smith County
+19.9%
Davidson County
+19.7%
Wilson County
+14.2%

How many homes are available in Wilson County, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
915887-3.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 56
+20.0%
2 9385
-8.6%
3 488488
0.0%
4 256247
-3.5%
5+ 7361
-16.4%

Number of Homes Sold

Jul 2022Aug 2022%
279215-22.9%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

96 Homes Were Sold
At Asking

54 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson County, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.

Average Sale Time

Aug 2021Aug 2022%
9 Days11 Days+26.9%

Breakdown of Home Sale Times

191 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

3 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wilson County, TN

Homes for sale in Wilson County, TN have reached 887. The number of homes for sale in Wilson County, TN decreased by 3.1% between July 2022 and August 2022. While the average time on the market in August 2022 was 11 days, the median list price was $450,628. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties increased by 40.9%, 2 bedrooms properties became 9.5% more expensive, 3 bedrooms properties became 16.2% more expensive, prices of 4 bedrooms properties increased by 21.9%, the cost of 5 bedrooms properties went up by 21.2%. This housing market inventory have changed: 1 bedroom homes inventory increased by 20%, number of 2 bedrooms homes decreased by 8.6%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 3.5% less available, the quantity of 5 bedrooms homes went down by 16.4%. In August 2022 more than 54 listings in Wilson County, TN were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 65 were sold below.

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