Is Hickman 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, Hickman County has remained a Seller's Market.
Housing Prices in Hickman County, TN
How much do homes in Hickman County, TN cost?
Median Sold Price
$307,450
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hickman County was $307,450 in May 2024, down 2.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $139K | +85.3% |
2 Bedrooms | $226.7K | $231.8K | +2.2% |
3 Bedrooms | $325K | $310K | -4.6% |
4 Bedrooms | $316K | $442.5K | +40.0% |
5+ Bedrooms | $487.8K | $325K | -33.4% |
Summary: Hickman County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.3%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Counties
Perry County | $180K | $237.5K | +31.9% |
Humphreys County | $229.5K | $250K | +8.9% |
Lewis County | $245K | $251.5K | +2.7% |
Maury County | $425K | $420.1K | -1.1% |
Hickman County | $315K | $307.4K | -2.4% |
Housing Supply in Hickman County, TN
How many homes are available in Hickman County, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 79 | +2.6% |
Summary: The Hickman County real estate market had 79 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 56 | 58 | +3.6% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Hickman County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 20 | +53.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Hickman County in May 2024, up by 53.8% month-over-month. Of the 20 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for Hickman County, TN
How long does it take to sell a home in Hickman County, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 40 Days | -28.4% |
Summary: Homes in Hickman County had an average of 40 days on market in May 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Hickman County; 65% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.