Is Unicoi County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Unicoi County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $145K | +45.0% |
2 Bedrooms | $163K | $146K | -10.4% |
3 Bedrooms | $223K | $272.4K | +22.2% |
4 Bedrooms | $277.5K | $345K | +24.3% |
5+ Bedrooms | $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 | $235K | $261K | +11.1% |
Carter County | $210K | $228.9K | +9.0% |
Unicoi County | $220K | $237.5K | +8.0% |
Yancey County | $330K | $355K | +7.6% |
Washington County | $294.6K | $306.1K | +3.9% |
Housing Supply in Unicoi County, TN
How many homes are available in Unicoi County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 55 | -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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 39 | 33 | -15.4% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 7 | 7 | 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 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 93 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
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.