Is Moore County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Moore County was a Seller's Market.
Housing Prices in Moore County, TN
How much do homes in Moore County, TN cost?
Median Sold Price
$475,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Moore County was $475,000 in May 2024, up 33.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $208.9K | N/A |
2 Bedrooms | $170K | $451.5K | +165.6% |
3 Bedrooms | $300K | $432.5K | +44.2% |
4 Bedrooms | $780K | $647K | -17.1% |
5+ Bedrooms | $375K | $940K | +150.7% |
Summary: Moore County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 165.6%, 3 bedroom homes increased by 44.2%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 150.7%.
Median Sold Price Compared To Nearby Counties
Moore County | $355K | $475K | +33.8% |
Lincoln County | $232.6K | $250K | +7.5% |
Coffee County | $285.7K | $300K | +5.0% |
Bedford County | $302.8K | $315.2K | +4.1% |
Franklin County | $289.9K | $299.9K | +3.4% |
Housing Supply in Moore County, TN
How many homes are available in Moore County, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
Summary: The Moore County real estate market had 25 homes for sale in May 2024, a 13.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Moore 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Moore County in May 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Moore County, TN
How long does it take to sell a home in Moore County, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 29 Days | +52.6% |
Summary: Homes in Moore County had an average of 29 days on market in May 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Moore County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.