Is Campbell County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Campbell County has remained a Seller's Market.
Housing Prices in Campbell County, TN
How much do homes in Campbell County, TN cost?
Median Sold Price
$235,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Campbell County was $235,000 in April 2024, up 6.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.4K | $110K | -3.9% |
2 Bedrooms | $125K | $163K | +30.4% |
3 Bedrooms | $225K | $230K | +2.2% |
4 Bedrooms | $274K | $335K | +22.3% |
5+ Bedrooms | $802.5K | $875K | +9.0% |
Summary: Campbell County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Counties
Anderson County | $289.9K | $324.6K | +12.0% |
Campbell County | $220.7K | $235K | +6.5% |
Scott County | $199.5K | $210K | +5.3% |
Union County | $284.5K | $298.4K | +4.9% |
Claiborne County | $227.9K | $229.6K | +0.7% |
Housing Supply in Campbell County, TN
How many homes are available in Campbell County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 161 | -1.2% |
Summary: The Campbell County real estate market had 161 homes for sale in April 2024, a 1.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 29 | 27 | -6.9% |
3 Bedrooms | 94 | 90 | -4.3% |
4 Bedrooms | 25 | 27 | +8.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Campbell County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Campbell County in April 2024, down by 11.1% month-over-month. Of the 32 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for Campbell County, TN
How long does it take to sell a home in Campbell County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 71 Days | +0.8% |
Summary: Homes in Campbell County had an average of 71 days on market in Apr 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Campbell County; 47% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.