Is Claiborne 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, Claiborne County was a Seller's Market.
Housing Prices in Claiborne County, TN
How much do homes in Claiborne County, TN cost?
Median Sold Price
$229,625
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Claiborne County was $229,625 in April 2024, up 0.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.3K | $130K | +27.0% |
2 Bedrooms | $180K | $180K | 0.0% |
3 Bedrooms | $230.5K | $235K | +2.0% |
4 Bedrooms | $282.5K | $280K | -0.9% |
5+ Bedrooms | $430K | $497.5K | +15.7% |
Summary: Claiborne County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27%, 2 bedroom homes did not change, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Counties
Union County | $284.5K | $298.4K | +4.9% |
Bell County | $125K | $129K | +3.2% |
Grainger County | $269.3K | $274.6K | +2.0% |
Claiborne County | $227.9K | $229.6K | +0.7% |
Housing Supply in Claiborne County, TN
How many homes are available in Claiborne County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 167 | +2.5% |
Summary: The Claiborne County real estate market had 167 homes for sale in April 2024, a 2.5% 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 | 29 | 30 | +3.4% |
3 Bedrooms | 103 | 103 | 0.0% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Claiborne 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 3.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Claiborne County in April 2024, up by 8.0% month-over-month. Of the 26 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% were sold over asking.
Days on Market for Claiborne County, TN
How long does it take to sell a home in Claiborne County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 96 Days | +45.4% |
Summary: Homes in Claiborne County had an average of 96 days on market in Apr 2024, up by 45.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Claiborne County; 37% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.