Is Campbell County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campbell County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Campbell County has remained a Seller's Market.

Key Takeaway

Campbell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$14,246(+6.5%)

Key Takeaway

Homes in Campbell County have sold for 6.5% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $114.4K$110K
-3.9%
2 $125K$163K
+30.4%
3 $225K$230K
+2.2%
4 $274K$335K
+22.3%
5+ $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
+12.0%
Campbell County
+6.5%
Scott County
+5.3%
Union County
+4.9%
Claiborne County
+0.7%

Housing Supply in Campbell County, TN

How many homes are available in Campbell County, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
163161-1.2%

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

# BEDSMar 2024Apr 2024CHANGE
1 45
+25.0%
2 2927
-6.9%
3 9490
-4.3%
4 2527
+8.0%
5+ 1112
+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 2024Apr 2024CHANGE
3632-11.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campbell County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
71 Days71 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Campbell County are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Campbell County, TN

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