$3,325 Closing Credit*
$280,000
1,568 SqFt
3 Beds
•2 Full Baths
Kevin Gioia, Listing Office: Beycome Brokerage Realty, LLC
Is Rogersville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rogersville was a Seller's Market.
Key Takeaway
Rogersville 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 Rogersville, TN
How much do homes in Rogersville, TN cost?
Median Sold Price
$222,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,000(-1.3%)
Key Takeaway
Homes in Rogersville have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Rogersville was $222,000 in November 2024, down 1.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.7K | - | N/A |
| 2 Bedrooms | $156.9K | $186.5K | +18.8% |
| 3 Bedrooms | $240K | $221K | -7.9% |
| 4 Bedrooms | $325K | $397.4K | +22.3% |
| 5+ Bedrooms | $365K | $325K | -11.0% |
Summary: Rogersville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes decreased by 11%.
Housing Supply in Rogersville, TN
How many homes are available in Rogersville, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 77 | -13.5% |
Summary: The Rogersville real estate market had 77 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 61 | 53 | -13.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Rogersville 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 decreased by 9.1%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rogersville, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Rogersville in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Rogersville, TN
How long does it take to sell a home in Rogersville, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 94 Days | +38.2% |
Summary: Homes in Rogersville had an average of 94 days on market in Nov 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rogersville has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Rogersville; 9% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.