$8,133 Closing Credit*
$684,900
3,114 SqFt
4 Beds
•3 Full Baths
Joshua Fink, Listing Office: Parks Compass
Is Sumner County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$439,915
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,769(+0.9%)
Key Takeaway
Homes in Sumner County have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Sumner County was $439,915 in November 2024, up 0.9% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257K | $142.5K | -44.6% |
| 2 Bedrooms | $380.9K | $302.3K | -20.6% |
| 3 Bedrooms | $383.2K | $385.2K | 0.5% |
| 4 Bedrooms | $576.2K | $599K | +3.9% |
| 5+ Bedrooms | $749.9K | $768.7K | +2.5% |
Summary: Sumner County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.6%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Counties
| Davidson County | $443K | $464.4K | +4.8% |
| Wilson County | $459.1K | $473.3K | +3.1% |
| Robertson County | $379.9K | $387K | +1.9% |
| Sumner County | $436.1K | $439.9K | +0.9% |
Housing Supply in Sumner County, TN
How many homes are available in Sumner County, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,126 | 1,184 | +5.2% |
Summary: The Sumner County real estate market had 1,184 homes for sale in November 2024, a 5.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 93 | 90 | -3.2% |
| 3 Bedrooms | 626 | 664 | +6.1% |
| 4 Bedrooms | 335 | 343 | +2.4% |
| 5+ Bedrooms | 70 | 84 | +20.0% |
Summary: The Sumner County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 228 | 212 | -7.0% |
Asking Price vs. Sold Price
111 Homes Were Sold
Under Asking
66 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sumner County, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 212 homes were sold or pending in Sumner County in November 2024, down by 7.0% month-over-month. Of the 209 sold homes, 53% were sold under asking, 32% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 31 Days | +20.6% |
Summary: Homes in Sumner County had an average of 31 days on market in Nov 2024, up by 20.6% compared to last year.
Breakdown of Home Sale Times
135 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sumner County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 212 homes were sold in Sumner County; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.