Is Campbell County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campbell County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Campbell County was a Seller's Market.

Key Takeaway

Campbell County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Campbell County, TN

How much do homes in Campbell County, TN cost?

Median Sold Price

$265,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,000(+16.2%)

Key Takeaway

Homes in Campbell County have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Campbell County was $265,000 in November 2024, up 16.2% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$113K
+2.7%
2 $154.5K$182K
+17.8%
3 $225K$265K
+17.8%
4 $290.9K$352.2K
+21.1%
5+ $840.5K$780K
-7.2%

Summary: Campbell County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Counties

Campbell County
+16.2%
Claiborne County
+15.9%
Anderson County
+9.8%
Scott County
+6.5%
Union County
+3.1%

Housing Supply in Campbell County, TN

How many homes are available in Campbell County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
197193-2.0%

Summary: The Campbell County real estate market had 193 homes for sale in November 2024, a 2.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 3335
+6.1%
3 113102
-9.7%
4 2529
+16.0%
5+ 2324
+4.3%

Summary: The Campbell County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3319-42.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campbell County, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Campbell County in November 2024, down by 42.4% month-over-month. Of the 19 sold homes, 53% were sold under asking, 11% were sold at asking, and 37% were sold over asking.

Days on Market for Campbell County, TN

How long does it take to sell a home in Campbell County, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days61 Days+69.8%

Summary: Homes in Campbell County had an average of 61 days on market in Nov 2024, up by 69.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Campbell County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in Campbell County; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Campbell County, TN

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