Is Stewart 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, Stewart County was a Seller's Market.
Key Takeaway
Stewart 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 Stewart County, TN
How much do homes in Stewart County, TN cost?
Median Sold Price
$249,700
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stewart County have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Stewart County was $249,700 in April 2024, down 7.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $225K | +47.5% |
| 2 Bedrooms | $194K | $170K | -12.4% |
| 3 Bedrooms | $262.5K | $259.5K | -1.1% |
| 4 Bedrooms | $377.5K | $384.9K | +2.0% |
| 5+ Bedrooms | $380K | $607.4K | +59.9% |
Summary: Stewart County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.5%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 59.9%.
Median Sold Price Compared To Nearby Counties
| Houston County | $232K | $247.5K | +6.7% |
| Stewart County | $269K | $249.7K | -7.2% |
Housing Supply in Stewart County, TN
How many homes are available in Stewart County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Summary: The Stewart County real estate market had 67 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 32 | 36 | +12.5% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Stewart 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 increased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stewart County, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Stewart County in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Stewart County, TN
How long does it take to sell a home in Stewart County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 30 Days | +32.6% |
Summary: Homes in Stewart County had an average of 30 days on market in Apr 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stewart County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Stewart County; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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.