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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hardeman County is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hardeman County, TN

How much do homes in Hardeman County, TN cost?

Median Sold Price

$189,900

$112/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$78,850(-29.3%)

Key Takeaway

Homes in Hardeman County have sold for 29.3% less than they did a month ago.

Summary: The median home sold price in Hardeman County was $189,900 in October 2024, down 29.3% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $115K-
N/A
2 --
N/A
3 $272.5K$189.9K
-30.3%
4 --
N/A
5+ --
N/A

Summary: Hardeman County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hardeman County, TN

How many homes are available in Hardeman County, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5563+14.5%

Summary: The Hardeman County real estate market had 63 homes for sale in October 2024, a 14.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 811
+37.5%
3 3333
0.0%
4 611
+83.3%
5+ 78
+14.3%

Summary: The Hardeman County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hardeman County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hardeman County in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Hardeman County, TN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hardeman County has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Hardeman County; 0% of homes were sold within 30 days, 14% 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 Hardeman County, TN

Nearby Markets to Hardeman County, TN

What housing markets are near Hardeman County, TN?