Is Wilson 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, Wilson County has remained a Seller's Market.
Housing Prices in Wilson County, TN
How much do homes in Wilson County, TN cost?
Median Sold Price
$472,711
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wilson County was $472,711 in April 2024, up 5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $130K | -60.6% |
2 Bedrooms | $305.9K | $346.4K | +13.3% |
3 Bedrooms | $380K | $404.3K | +6.4% |
4 Bedrooms | $589.9K | $584.4K | -0.9% |
5+ Bedrooms | $675K | $650K | -3.7% |
Summary: Wilson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Counties
Trousdale County | $300K | $335K | +11.7% |
Wilson County | $450.3K | $472.7K | +5.0% |
Smith County | $291.6K | $300K | +2.9% |
Sumner County | $426.5K | $438.4K | +2.8% |
Davidson County | $450K | $456.4K | +1.4% |
Housing Supply in Wilson County, TN
How many homes are available in Wilson County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
816 | 905 | +10.9% |
Summary: The Wilson County real estate market had 905 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 70 | 73 | +4.3% |
3 Bedrooms | 384 | 427 | +11.2% |
4 Bedrooms | 285 | 323 | +13.3% |
5+ Bedrooms | 73 | 79 | +8.2% |
Summary: The Wilson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 8.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
190 | 175 | -7.9% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
73 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 175 homes were sold or pending in Wilson County in April 2024, down by 7.9% month-over-month. Of the 174 sold homes, 45% were sold under asking, 42% were sold at asking, and 13% were sold over asking.
Days on Market for Wilson County, TN
How long does it take to sell a home in Wilson County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 29 Days | -9.4% |
Summary: Homes in Wilson County had an average of 29 days on market in Apr 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
125 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 175 homes were sold in Wilson County; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.