Is Warren 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, Warren County was a Seller's Market.
Housing Prices in Warren County, TN
How much do homes in Warren County, TN cost?
Median Sold Price
$260,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warren County was $260,000 in April 2024, up 4.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $169.9K | -2.9% |
2 Bedrooms | $169.9K | $180.5K | +6.2% |
3 Bedrooms | $250K | $264.9K | +6.0% |
4 Bedrooms | $307.4K | $299.9K | -2.5% |
5+ Bedrooms | $507.4K | $510K | 0.5% |
Summary: Warren County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Counties
Van Buren County | $171K | $324.5K | +89.8% |
Cannon County | $290K | $310K | +6.9% |
DeKalb County | $270.5K | $285K | +5.4% |
Warren County | $249.3K | $260K | +4.3% |
White County | $259.4K | $264.9K | +2.1% |
Housing Supply in Warren County, TN
How many homes are available in Warren County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
231 | 260 | +12.6% |
Summary: The Warren County real estate market had 260 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 21 | 29 | +38.1% |
3 Bedrooms | 162 | 179 | +10.5% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Warren County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Warren County in April 2024, up by 2.6% month-over-month. Of the 40 sold homes, 53% were sold under asking, 30% were sold at asking, and 18% were sold over asking.
Days on Market for Warren County, TN
How long does it take to sell a home in Warren County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 65 Days | -12.9% |
Summary: Homes in Warren County had an average of 65 days on market in Apr 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in Warren County; 48% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.