Is Giles 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, Giles County was a Seller's Market.
Key Takeaway
Giles County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Giles County, TN
How much do homes in Giles County, TN cost?
Median Sold Price
$269,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Giles County have sold for 8% more than they did a year ago.
Summary: The median home sold price in Giles County was $269,900 in April 2024, up 8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $132.5K | -15.9% |
| 2 Bedrooms | $176K | $170K | -3.4% |
| 3 Bedrooms | $264.9K | $267.4K | +0.9% |
| 4 Bedrooms | $300K | $397.5K | +32.5% |
| 5+ Bedrooms | $375K | $626K | +66.9% |
Summary: Giles County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.9%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 32.5%, and 5+ bedroom homes increased by 66.9%.
Median Sold Price Compared To Nearby Counties
| Giles County | $250K | $269.9K | +8.0% |
| Lincoln County | $235K | $249.9K | +6.3% |
| Lawrence County | $250K | $265K | +6.0% |
| Marshall County | $320.7K | $325K | +1.3% |
| Maury County | $425.4K | $420K | -1.3% |
Housing Supply in Giles County, TN
How many homes are available in Giles County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 146 | 164 | +12.3% |
Summary: The Giles County real estate market had 164 homes for sale in April 2024, a 12.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 85 | 95 | +11.8% |
| 4 Bedrooms | 30 | 34 | +13.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Giles County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Giles County, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Giles County in April 2024, down by 16.7% month-over-month. Of the 25 sold homes, 76% were sold under asking, 16% were sold at asking, and 8% were sold over asking.
Days on Market for Giles County, TN
How long does it take to sell a home in Giles County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 59 Days | +10.6% |
Summary: Homes in Giles County had an average of 59 days on market in Apr 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Giles County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in Giles County; 48% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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®.