Is Overton 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, Overton County was a Seller's Market.
Housing Prices in Overton County, TN
How much do homes in Overton County, TN cost?
Median Sold Price
$268,450
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Overton County was $268,450 in April 2024, up 3.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120.9K | $280K | +131.5% |
2 Bedrooms | $182K | $172K | -5.5% |
3 Bedrooms | $225K | $264.9K | +17.7% |
4 Bedrooms | $430K | $479.9K | +11.6% |
5+ Bedrooms | $388.4K | $570K | +46.7% |
Summary: Overton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.5%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 46.7%.
Median Sold Price Compared To Nearby Counties
Fentress County | $239.4K | $250K | +4.4% |
Overton County | $260K | $268.4K | +3.3% |
Putnam County | $319.6K | $329.7K | +3.1% |
Clay County | $325.2K | $242K | -25.6% |
Housing Supply in Overton County, TN
How many homes are available in Overton County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 69 | +19.0% |
Summary: The Overton County real estate market had 69 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 33 | 43 | +30.3% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Overton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Overton County in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Overton County, TN
How long does it take to sell a home in Overton County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 34 Days | -26.6% |
Summary: Homes in Overton County had an average of 34 days on market in Apr 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Overton County; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.