Is Wilson County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$468,788
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $222K | -28.4% |
2 Bedrooms | $305.9K | $313.7K | +2.6% |
3 Bedrooms | $384.2K | $400K | +4.1% |
4 Bedrooms | $593.1K | $578.5K | -2.5% |
5+ Bedrooms | $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 | $300K | $339.9K | +13.3% |
Wilson County | $452.9K | $468.7K | +3.5% |
Smith County | $291.9K | $300K | +2.8% |
Sumner County | $429K | $434.5K | +1.3% |
Davidson County | $451.6K | $450K | -0.4% |
Housing Supply in Wilson County, TN
How many homes are available in Wilson County, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
758 | 840 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 65 | 74 | +13.8% |
3 Bedrooms | 347 | 378 | +8.9% |
4 Bedrooms | 275 | 303 | +10.2% |
5+ Bedrooms | 68 | 81 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
141 | 176 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 32 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
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.