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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unicoi County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Unicoi County has remained a Seller's Market.

Key Takeaway

Unicoi County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Unicoi County, TN

How much do homes in Unicoi County, TN cost?

Median Sold Price

$237,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,500(+8.0%)

Key Takeaway

Homes in Unicoi County have sold for 8% more than they did a year ago.

Summary: The median home sold price in Unicoi County was $237,500 in April 2024, up 8% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $100K$145K
+45.0%
2 $163K$146K
-10.4%
3 $223K$272.4K
+22.2%
4 $277.5K$345K
+24.3%
5+ $299K$465K
+55.5%

Summary: Unicoi County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 55.5%.

Median Sold Price Compared To Nearby Counties

Mitchell County
+11.1%
Carter County
+9.0%
Unicoi County
+8.0%
Yancey County
+7.6%
Washington County
+3.9%

Housing Supply in Unicoi County, TN

How many homes are available in Unicoi County, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6155-9.8%

Summary: The Unicoi County real estate market had 55 homes for sale in April 2024, a 9.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 3933
-15.4%
4 79
+28.6%
5+ 77
0.0%

Summary: The Unicoi 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 decreased by 25%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unicoi County, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Unicoi County in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.

Days on Market for Unicoi County, TN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
73 Days93 Days+27.0%

Summary: Homes in Unicoi County had an average of 93 days on market in Apr 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Unicoi County has remained consistent over time.

Summary: During April 2024, 15 homes were sold in Unicoi County; 7% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in Unicoi County, TN

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