Is Grundy 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, Grundy County was a Neutral Market.
Housing Prices in Grundy County, TN
How much do homes in Grundy County, TN cost?
Median Sold Price
$335,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grundy County was $335,000 in April 2024, up 19.6% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $260K | -7.1% |
2 Bedrooms | $172.4K | $245K | +42.1% |
3 Bedrooms | $239K | $287.5K | +20.3% |
4 Bedrooms | $415K | $519.9K | +25.3% |
5+ Bedrooms | $440K | $572.4K | +30.1% |
Summary: Grundy County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 42.1%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 30.1%.
Median Sold Price Compared To Nearby Counties
Marion County | $220.7K | $290K | +31.4% |
Grundy County | $280K | $335K | +19.6% |
Warren County | $249.3K | $260K | +4.3% |
Coffee County | $288.2K | $299.5K | +3.9% |
Sequatchie County | $265K | $253.5K | -4.3% |
Housing Supply in Grundy County, TN
How many homes are available in Grundy County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 95 | +3.3% |
Summary: The Grundy County real estate market had 95 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 6 | -33.3% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 36 | 42 | +16.7% |
4 Bedrooms | 22 | 20 | -9.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Grundy County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 8 | -57.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Grundy County in April 2024, down by 57.9% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Grundy County, TN
How long does it take to sell a home in Grundy County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 15 Days | -84.1% |
Summary: Homes in Grundy County had an average of 15 days on market in Apr 2024, down by 84.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Grundy County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.