Is Cocke 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, Cocke County was a Seller's Market.
Key Takeaway
Cocke County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cocke County, TN
How much do homes in Cocke County, TN cost?
Median Sold Price
$240,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cocke County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Cocke County was $240,000 in April 2024, up 4.3% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $302.5K | +51.2% |
| 2 Bedrooms | $230K | $218.7K | -4.9% |
| 3 Bedrooms | $235K | $224K | -4.7% |
| 4 Bedrooms | $259K | $270K | +4.2% |
| 5+ Bedrooms | $208K | $505K | +142.8% |
Summary: Cocke County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.2%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 142.8%.
Median Sold Price Compared To Nearby Counties
| Greene County | $237.6K | $265K | +11.5% |
| Jefferson County | $300.9K | $325K | +8.0% |
| Cocke County | $230K | $240K | +4.3% |
| Hamblen County | $274.9K | $281.2K | +2.3% |
| Sevier County | $463.5K | $450.8K | -2.7% |
Housing Supply in Cocke County, TN
How many homes are available in Cocke County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 110 | 113 | +2.7% |
Summary: The Cocke County real estate market had 113 homes for sale in April 2024, a 2.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 31 | 27 | -12.9% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Cocke County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cocke County, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Cocke County in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and 20% were sold over asking.
Days on Market for Cocke County, TN
How long does it take to sell a home in Cocke County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 31 Days | -51.3% |
Summary: Homes in Cocke County had an average of 31 days on market in Apr 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cocke County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Cocke County; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
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