$10,000 Closing Credit*
$1,300,000
5,492 SqFt
6 Beds
•5 Full Baths, 1 Partial
Yvonne Edwards Crews, Listing Office: First Realty Group
Is Giles County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Giles County has remained a Buyer's Market.
Key Takeaway
Giles County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Giles County, TN
How much do homes in Giles County, TN cost?
Median Sold Price
$273,666
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,666(+5.3%)
Key Takeaway
Homes in Giles County have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Giles County was $273,666 in October 2024, up 5.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $121K | -8.7% |
| 2 Bedrooms | $169K | $170K | +0.6% |
| 3 Bedrooms | $265K | $273K | +3.0% |
| 4 Bedrooms | $294.9K | $421.5K | +42.9% |
| 5+ Bedrooms | $393K | $540K | +37.4% |
Summary: Giles County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 37.4%.
Median Sold Price Compared To Nearby Counties
| Lawrence County | $255K | $274.6K | +7.7% |
| Giles County | $260K | $273.6K | +5.3% |
| Lincoln County | $242.5K | $253.3K | +4.5% |
| Maury County | $413.6K | $422.3K | +2.1% |
| Marshall County | $324.2K | $326.1K | +0.6% |
Housing Supply in Giles County, TN
How many homes are available in Giles County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 175 | 202 | +15.4% |
Summary: The Giles County real estate market had 202 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 113 | 124 | +9.7% |
| 4 Bedrooms | 22 | 29 | +31.8% |
| 5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Giles County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Giles County, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Giles County in October 2024, down by 16.0% month-over-month. Of the 21 sold homes, 81% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Giles County, TN
How long does it take to sell a home in Giles County, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 42 Days | +29.3% |
Summary: Homes in Giles County had an average of 42 days on market in Oct 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Giles County has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Giles County; 33% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.