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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Overton County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Overton County was a Neutral Market.

Key Takeaway

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

Housing Prices in Overton County, TN

How much do homes in Overton County, TN cost?

Median Sold Price

$275,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,750(+17.9%)

Key Takeaway

Homes in Overton County have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Overton County was $275,000 in November 2024, up 17.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120.9K$375K
+210.1%
2 $165.6K$189K
+14.1%
3 $225K$275K
+22.2%
4 $449.9K$444.5K
-1.2%
5+ $570K$415K
-27.2%

Summary: Overton County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 210.1%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 27.2%.

Median Sold Price Compared To Nearby Counties

Overton County
+17.9%
Putnam County
+9.9%
Fentress County
+8.4%

Housing Supply in Overton County, TN

How many homes are available in Overton County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7888+12.8%

Summary: The Overton County real estate market had 88 homes for sale in November 2024, a 12.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 4650
+8.7%
4 1116
+45.5%
5+ 98
-11.1%

Summary: The Overton County 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 increased by 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Overton County, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Overton County in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
22 Days56 Days+155.1%

Summary: Homes in Overton County had an average of 56 days on market in Nov 2024, up by 155.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Overton County; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Overton County, TN

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