Is Wilson County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Wilson County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $130K | -58.1% |
2 Bedrooms | $305.9K | $349K | +14.1% |
3 Bedrooms | $375K | $414.4K | +10.5% |
4 Bedrooms | $570.4K | $588.9K | +3.2% |
5+ Bedrooms | $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 | $297.5K | $335K | +12.6% |
Wilson County | $440K | $485.3K | +10.3% |
Smith County | $291.7K | $310K | +6.3% |
Davidson County | $442.9K | $463.5K | +4.7% |
Sumner County | $429.7K | $440.9K | +2.6% |
Housing Supply in Wilson County, TN
How many homes are available in Wilson County, TN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,006 | 1,051 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 78 | 71 | -9.0% |
3 Bedrooms | 470 | 484 | +3.0% |
4 Bedrooms | 357 | 378 | +5.9% |
5+ Bedrooms | 99 | 115 | +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 2024 | Jun 2024 | CHANGE |
---|---|---|
232 | 207 | -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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 24 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
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.