$349,000
44.30 Acres
Land
Shannon Wilson, Listing Office: Neighborhood Realtors
Is Humphreys 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, Humphreys County was a Seller's Market.
Key Takeaway
Humphreys County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Humphreys County, TN
How much do homes in Humphreys County, TN cost?
Median Sold Price
$254,950
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,950(+10.8%)
Key Takeaway
Homes in Humphreys County have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Humphreys County was $254,950 in October 2024, up 10.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $159K | +15.6% |
| 2 Bedrooms | $169.9K | $224.8K | +32.3% |
| 3 Bedrooms | $236.5K | $254.5K | +7.6% |
| 4 Bedrooms | $250K | $292.5K | +17.0% |
| 5+ Bedrooms | $470K | $492.5K | +4.8% |
Summary: Humphreys County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
| Humphreys County | $230K | $254.9K | +10.8% |
| Dickson County | $344.9K | $366K | +6.1% |
| Houston County | $218K | $230K | +5.5% |
| Hickman County | $299.9K | $316K | +5.4% |
| Benton County | $232.6K | $230K | -1.1% |
Housing Supply in Humphreys County, TN
How many homes are available in Humphreys County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 107 | +21.6% |
Summary: The Humphreys County real estate market had 107 homes for sale in October 2024, a 21.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 50 | 58 | +16.0% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Humphreys 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 26.7%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Humphreys County, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Humphreys County in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Humphreys County, TN
How long does it take to sell a home in Humphreys County, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 49 Days | -8.5% |
Summary: Homes in Humphreys County had an average of 49 days on market in Oct 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Humphreys County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Humphreys County; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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.