Is Pickett County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickett County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Pickett County has remained a Buyer's Market.

Key Takeaway

Pickett County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pickett County, TN

How much do homes in Pickett County, TN cost?

Median Sold Price

$445,000

$248/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$150,000(-25.2%)

Key Takeaway

Homes in Pickett County have sold for 25.2% less than they did a month ago.

Summary: The median home sold price in Pickett County was $445,000 in April 2024, down 25.2% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $975K-
N/A
3 $215K$445K
+107.0%
4 --
N/A
5+ --
N/A

Summary: Pickett County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 107%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pickett County, TN

How many homes are available in Pickett County, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1622+37.5%

Summary: The Pickett County real estate market had 22 homes for sale in April 2024, a 37.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 31
-66.7%
3 1219
+58.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Pickett County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 58.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickett County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pickett County in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pickett County, TN

How long does it take to sell a home in Pickett County, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days5 Days-33.3%

Summary: Homes in Pickett County had an average of 5 days on market in Apr 2024, down by 33.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pickett County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Pickett County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Pickett County, TN

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What housing markets are near Pickett County, TN?