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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stewart County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Stewart County was a Seller's Market.

Key Takeaway

Stewart 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 Stewart County, TN

How much do homes in Stewart County, TN cost?

Median Sold Price

$305,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,000(+12.1%)

Key Takeaway

Homes in Stewart County have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Stewart County was $305,000 in October 2024, up 12.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$210K
-6.7%
2 $185K$210K
+13.5%
3 $291.4K$304.2K
+4.4%
4 $377.5K$470K
+24.5%
5+ $383.5K$430K
+12.1%

Summary: Stewart County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Counties

Stewart County
+12.1%
Houston County
+5.5%

Housing Supply in Stewart County, TN

How many homes are available in Stewart County, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5760+5.3%

Summary: The Stewart County real estate market had 60 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 99
0.0%
3 2732
+18.5%
4 1414
0.0%
5+ 41
-75.0%

Summary: The Stewart County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stewart County, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Stewart County in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Stewart County, TN

How long does it take to sell a home in Stewart County, TN?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days48 Days-21.3%

Summary: Homes in Stewart County had an average of 48 days on market in Oct 2024, down by 21.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Stewart County; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Stewart County, TN

Nearby Markets to Stewart County, TN

What housing markets are near Stewart County, TN?