Is Saint George, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint George is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Saint George has remained a Seller's Market.

Key Takeaway

Saint George is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saint George, TN

How much do homes in Saint George, TN cost?

Median Sold Price

$379,000

$157/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$45,000(+13.5%)

Key Takeaway

Homes in Saint George have sold for 13.5% more than they did a month ago.

Summary: The median home sold price in Saint George was $379,000 in November 2024, up 13.5% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 $334K$338K
+1.2%
4 -$670K
N/A
5+ --
N/A

Summary: Saint George 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 increased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Saint George, TN

How many homes are available in Saint George, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2017-15.0%

Summary: The Saint George real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1210
-16.7%
4 55
0.0%
5+ 00
0.0%

Summary: The Saint George 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 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 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 Saint George, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Saint George in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Saint George, TN

How long does it take to sell a home in Saint George, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
37 Days25 Days-30.8%

Summary: Homes in Saint George had an average of 25 days on market in Nov 2024, down by 30.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint George are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Saint George; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Saint George, TN

Nearby Markets to Saint George, TN