Is Carroll County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Carroll County was a Neutral Market.
Key Takeaway
Carroll County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carroll County, TN
How much do homes in Carroll County, TN cost?
Median Sold Price
$185,000
$121/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Carroll County have sold for 25.1% less than they did a month ago.
Summary: The median home sold price in Carroll County was $185,000 in May 2024, down 25.1% from last month, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $106.2K | N/A |
| 3 Bedrooms | $239K | $185K | -22.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $255K | - | N/A |
Summary: Carroll County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Carroll County, TN
How many homes are available in Carroll County, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Carroll County real estate market had 28 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Carroll County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Carroll County in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Carroll County, TN
How long does it take to sell a home in Carroll County, TN?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 Days | 29 Days | -55.1% |
Summary: Homes in Carroll County had an average of 29 days on market in May 2024, down by 55.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carroll County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Carroll County; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.