$79,000
0.52 Acres
Land
Patricia Rappa Robbe, Listing Office: Fridrich & Clark Realty
Is Overton County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Overton County was a Seller's Market.
Key Takeaway
Overton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Overton County, TN
How much do homes in Overton County, TN cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$65,000(+29.5%)
Key Takeaway
Homes in Overton County have sold for 29.5% more than they did a year ago.
Summary: The median home sold price in Overton County was $285,000 in December 2024, up 29.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120.9K | $375K | +210.1% |
| 2 Bedrooms | $168.8K | $215K | +27.4% |
| 3 Bedrooms | $220K | $275K | +25.0% |
| 4 Bedrooms | $449.9K | $444.5K | -1.2% |
| 5+ Bedrooms | $398.5K | $650K | +63.1% |
Summary: Overton County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 210.1%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 63.1%.
Median Sold Price Compared To Nearby Counties
| Overton County | $220K | $285K | +29.5% |
| Putnam County | $328.8K | $358.1K | +8.9% |
| Fentress County | $250K | $268K | +7.2% |
Housing Supply in Overton County, TN
How many homes are available in Overton County, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 88 | 83 | -5.7% |
Summary: The Overton County real estate market had 83 homes for sale in December 2024, a 5.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 49 | 52 | +6.1% |
| 4 Bedrooms | 17 | 11 | -35.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Overton County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Overton County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Overton County in December 2024, the same as the previous month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for Overton County, TN
How long does it take to sell a home in Overton County, TN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 44 Days | 50 Days | +12.5% |
Summary: Homes in Overton County had an average of 50 days on market in Dec 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Overton County has remained consistent over time.
Summary: During December 2024, 12 homes were sold in Overton County; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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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.