Is Bledsoe County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bledsoe County was a Seller's Market.
Housing Prices in Bledsoe County, TN
How much do homes in Bledsoe County, TN cost?
Median Sold Price
$226,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bledsoe County was $226,000 in April 2024, down 4.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139K | $250K | +79.9% |
2 Bedrooms | $158K | $180K | +13.9% |
3 Bedrooms | $261K | $225K | -13.8% |
4 Bedrooms | $308K | $385K | +25.0% |
5+ Bedrooms | $350K | $700K | +100.0% |
Summary: Bledsoe County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.9%, 2 bedroom homes increased by 13.9%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Counties
Van Buren County | $171K | $324.5K | +89.8% |
Cumberland County | $299.7K | $317.3K | +5.9% |
Rhea County | $285K | $293.5K | +3.0% |
Sequatchie County | $265K | $253.5K | -4.3% |
Bledsoe County | $237K | $226K | -4.6% |
Housing Supply in Bledsoe County, TN
How many homes are available in Bledsoe County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 56 | +30.2% |
Summary: The Bledsoe County real estate market had 56 homes for sale in April 2024, a 30.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 15 | 22 | +46.7% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Bledsoe County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bledsoe County in April 2024, up by 50.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Bledsoe County, TN
How long does it take to sell a home in Bledsoe County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 28 Days | +47.4% |
Summary: Homes in Bledsoe County had an average of 28 days on market in Apr 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Bledsoe County; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.