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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Carroll County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Carroll County, TN

How much do homes in Carroll County, TN cost?

Median Sold Price

$151,994

$141/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$81,531(-34.9%)

Key Takeaway

Homes in Carroll County have sold for 34.9% less than they did a month ago.

Summary: The median home sold price in Carroll County was $151,994 in November 2024, down 34.9% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $45K$142.4K
+216.7%
3 $233.5K$154K
-34.1%
4 $950K-
N/A
5+ --
N/A

Summary: Carroll County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 216.7%, 3 bedroom homes decreased by 34.1%, 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

Oct 2024Nov 2024CHANGE
3132+3.2%

Summary: The Carroll County real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 1717
0.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Carroll 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Carroll County in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Oct 2024Nov 2024CHANGE
52 Days21 Days-59.8%

Summary: Homes in Carroll County had an average of 21 days on market in Nov 2024, down by 59.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Carroll County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Carroll County, TN

Nearby Markets to Carroll County, TN

What housing markets are near Carroll County, TN?