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 March 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

$468,788

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,883(+3.5%)

Key Takeaway

Homes in Wilson County have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Wilson County was $468,788 in March 2024, up 3.5% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $310K$222K
-28.4%
2 $305.9K$313.7K
+2.6%
3 $384.2K$400K
+4.1%
4 $593.1K$578.5K
-2.5%
5+ $675.2K$639.9K
-5.2%

Summary: Wilson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Counties

Trousdale County
+13.3%
Wilson County
+3.5%
Smith County
+2.8%
Sumner County
+1.3%
Davidson County
-0.4%

Housing Supply in Wilson County, TN

How many homes are available in Wilson County, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
758840+10.8%

Summary: The Wilson County real estate market had 840 homes for sale in March 2024, a 10.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 6574
+13.8%
3 347378
+8.9%
4 275303
+10.2%
5+ 6881
+19.1%

Summary: The Wilson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 19.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
141176+24.8%

Asking Price vs. Sold Price

91 Homes Were Sold
Under Asking

64 Homes Were Sold
At Asking

20 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% of homes here sold below asking price last month.

Summary: A total of 176 homes were sold or pending in Wilson County in March 2024, up by 24.8% month-over-month. Of the 175 sold homes, 52% were sold under asking, 37% were sold at asking, and 11% 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

Mar 2023Mar 2024CHANGE
29 Days32 Days+13.1%

Summary: Homes in Wilson County had an average of 32 days on market in Mar 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

124 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

22 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 March 2024, 176 homes were sold in Wilson County; 70% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% 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 24 Days Ago

Newest Listings in Wilson County, TN

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What housing markets are near Wilson County, TN?