$6,828 Closing Credit*
$575,000
2,663 SqFt
4 Beds
•2 Full Baths, 1 Partial
Blake Ward, Listing Office: Coldwell Banker Southern Realty
Is Humboldt, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Humboldt was a Buyer's Market.
Key Takeaway
Humboldt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Humboldt, TN
How much do homes in Humboldt, TN cost?
Median Sold Price
$257,500
$163/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$67,500(-20.8%)
Key Takeaway
Homes in Humboldt have sold for 20.8% less than they did a month ago.
Summary: The median home sold price in Humboldt was $257,500 in November 2024, down 20.8% from last month, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $149.9K | N/A |
| 3 Bedrooms | - | $257.5K | N/A |
| 4 Bedrooms | $325K | - | N/A |
| 5+ Bedrooms | - | $862.6K | N/A |
Summary: Humboldt 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Humboldt, TN
How many homes are available in Humboldt, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Humboldt real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Humboldt 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Humboldt, 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 Humboldt in November 2024, up by 300.0% month-over-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 Humboldt, TN
How long does it take to sell a home in Humboldt, TN?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Humboldt are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Humboldt; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.