Is Dickson County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dickson County has remained a Seller's Market.
Key Takeaway
Dickson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dickson County, TN
How much do homes in Dickson County, TN cost?
Median Sold Price
$357,944
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dickson County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Dickson County was $357,944 in May 2024, up 4.3% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $275K | +44.7% |
| 2 Bedrooms | $237K | $245K | +3.4% |
| 3 Bedrooms | $339.9K | $354.9K | +4.4% |
| 4 Bedrooms | $459K | $454.2K | -1.0% |
| 5+ Bedrooms | $400K | $472.9K | +18.2% |
Summary: Dickson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Counties
| Humphreys County | $229.5K | $250K | +8.9% |
| Houston County | $225K | $238K | +5.8% |
| Dickson County | $343.2K | $357.9K | +4.3% |
| Cheatham County | $375K | $384.8K | +2.6% |
| Montgomery County | $303.2K | $309.9K | +2.2% |
Housing Supply in Dickson County, TN
How many homes are available in Dickson County, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 282 | 288 | +2.1% |
Summary: The Dickson County real estate market had 288 homes for sale in May 2024, a 2.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 28 | 23 | -17.9% |
| 3 Bedrooms | 188 | 193 | +2.7% |
| 4 Bedrooms | 54 | 59 | +9.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Dickson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 61 | 69 | +13.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dickson County, expect to pay close to the asking price. 46.4% of homes here sold near the asking price last month.
Summary: A total of 69 homes were sold or pending in Dickson County in May 2024, up by 13.1% month-over-month. Of the 69 sold homes, 33% were sold under asking, 46% were sold at asking, and 20% were sold over asking.
Days on Market for Dickson County, TN
How long does it take to sell a home in Dickson County, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 27 Days | -23.2% |
Summary: Homes in Dickson County had an average of 27 days on market in May 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dickson County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 69 homes were sold in Dickson County; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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.