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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sumner County is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Sumner County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sumner County, TN

How much do homes in Sumner County, TN cost?

Median Sold Price

$439,822

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$5,318(+1.2%)

Key Takeaway

Homes in Sumner County have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Sumner County was $439,822 in December 2024, up 1.2% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $257K$142.5K
-44.6%
2 $380.9K$300K
-21.2%
3 $382.3K$387.2K
+1.3%
4 $576.4K$599.9K
+4.1%
5+ $756.8K$753.2K
-0.5%

Summary: Sumner County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.6%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Counties

Davidson County
+4.7%
Sumner County
+1.2%
Robertson County
+0.8%
Simpson County
+0.8%
Wilson County
0.5%

Housing Supply in Sumner County, TN

How many homes are available in Sumner County, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1,0581,047-1.0%

Summary: The Sumner County real estate market had 1,047 homes for sale in December 2024, a 1.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 32
-33.3%
2 8189
+9.9%
3 620594
-4.2%
4 277285
+2.9%
5+ 7777
0.0%

Summary: The Sumner County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
233193-17.2%

Asking Price vs. Sold Price

104 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sumner County, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 193 homes were sold or pending in Sumner County in December 2024, down by 17.2% month-over-month. Of the 192 sold homes, 54% were sold under asking, 30% were sold at asking, and 16% were sold over asking.

Days on Market for Sumner County, TN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days35 Days+32.9%

Summary: Homes in Sumner County had an average of 35 days on market in Dec 2024, up by 32.9% compared to last year.

Breakdown of Home Sale Times

111 Homes Were Sold
Under 30 Days

56 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 193 homes were sold in Sumner County; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

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Newest Listings in Sumner County, TN

Nearby Markets to Sumner County, TN

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 11:48:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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