$45,000
0.55 Acres
Land
Listing Office: REMAX PROFESSIONAL'S
Is Claiborne County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Claiborne County was a Seller's Market.
Key Takeaway
Claiborne County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Claiborne County, TN
How much do homes in Claiborne County, TN cost?
Median Sold Price
$249,900
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,066(+11.1%)
Key Takeaway
Homes in Claiborne County have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Claiborne County was $249,900 in October 2024, up 11.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $130K | +18.2% |
| 2 Bedrooms | $189K | $175K | -7.4% |
| 3 Bedrooms | $235K | $245K | +4.3% |
| 4 Bedrooms | $275.9K | $310K | +12.3% |
| 5+ Bedrooms | $295K | $421.5K | +42.9% |
Summary: Claiborne County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 42.9%.
Median Sold Price Compared To Nearby Counties
| Bell County | $129.9K | $150K | +15.4% |
| Claiborne County | $224.8K | $249.9K | +11.1% |
| Union County | $293.9K | $304K | +3.4% |
| Grainger County | $275K | $254K | -7.6% |
Housing Supply in Claiborne County, TN
How many homes are available in Claiborne County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 159 | -3.6% |
Summary: The Claiborne County real estate market had 159 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 107 | 108 | +0.9% |
| 4 Bedrooms | 28 | 19 | -32.1% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Claiborne County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 13 | -51.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Claiborne County, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Claiborne County in October 2024, down by 51.9% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.
Days on Market for Claiborne County, TN
How long does it take to sell a home in Claiborne County, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 128 Days | +68.0% |
Summary: Homes in Claiborne County had an average of 128 days on market in Oct 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Claiborne County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Claiborne County; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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