Is Scott 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, Scott County was a Seller's Market.
Housing Prices in Scott County, TN
How much do homes in Scott County, TN cost?
Median Sold Price
$210,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scott County was $210,000 in April 2024, up 5.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $24.9K | $231.1K | +828.3% |
2 Bedrooms | $149.5K | $213K | +42.5% |
3 Bedrooms | $215K | $209.5K | -2.6% |
4 Bedrooms | $230K | $247K | +7.4% |
5+ Bedrooms | $234.9K | $155K | -34.0% |
Summary: Scott County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 828.3%, 2 bedroom homes increased by 42.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 34%.
Median Sold Price Compared To Nearby Counties
Morgan County | $205K | $240K | +17.1% |
Anderson County | $289.9K | $324.6K | +12.0% |
Campbell County | $220.7K | $235K | +6.5% |
Scott County | $199.5K | $210K | +5.3% |
Fentress County | $239.4K | $250K | +4.4% |
Housing Supply in Scott County, TN
How many homes are available in Scott County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 77 | +4.1% |
Summary: The Scott County real estate market had 77 homes for sale in April 2024, a 4.1% 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 | 9 | 9 | 0.0% |
3 Bedrooms | 36 | 35 | -2.8% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Scott 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 decreased by 2.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Scott County in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Scott County, TN
How long does it take to sell a home in Scott County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 93 Days | +9.2% |
Summary: Homes in Scott County had an average of 93 days on market in Apr 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Scott County; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.