Is Hickman 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, Hickman County was a Seller's Market.
Key Takeaway
Hickman 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 Hickman County, TN
How much do homes in Hickman County, TN cost?
Median Sold Price
$302,750
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hickman County have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Hickman County was $302,750 in April 2024, down 3.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $135.5K | -6.6% |
| 2 Bedrooms | $226.7K | $215K | -5.2% |
| 3 Bedrooms | $325.3K | $309.9K | -4.7% |
| 4 Bedrooms | $316K | $427.5K | +35.3% |
| 5+ Bedrooms | $568.8K | $275K | -51.7% |
Summary: Hickman County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 51.7%.
Median Sold Price Compared To Nearby Counties
| Humphreys County | $225K | $250K | +11.1% |
| Perry County | $200K | $220K | +10.0% |
| Lewis County | $245K | $250K | +2.0% |
| Maury County | $425.4K | $420K | -1.3% |
| Hickman County | $315K | $302.7K | -3.9% |
Housing Supply in Hickman County, TN
How many homes are available in Hickman County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 81 | +26.6% |
Summary: The Hickman County real estate market had 81 homes for sale in April 2024, a 26.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 44 | 61 | +38.6% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hickman County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 38.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hickman County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Hickman County in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Hickman County, TN
How long does it take to sell a home in Hickman County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 61 Days | +31.2% |
Summary: Homes in Hickman County had an average of 61 days on market in Apr 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hickman County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Hickman County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.