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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trousdale County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Trousdale County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Trousdale County, TN

How much do homes in Trousdale County, TN cost?

Median Sold Price

$325,950

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,050(-6.9%)

Key Takeaway

Homes in Trousdale County have sold for 6.9% less than they did a year ago.

Summary: The median home sold price in Trousdale County was $325,950 in November 2024, down 6.9% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $240K$125K
-47.9%
2 $229.9K$260K
+13.1%
3 $350K$325.9K
-6.9%
4 $373.5K$385K
+3.1%
5+ $882.5K$216K
-75.5%

Summary: Trousdale County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.9%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 75.5%.

Median Sold Price Compared To Nearby Counties

Smith County
+7.1%
Macon County
+6.9%
Wilson County
+3.1%
Sumner County
+0.9%
Trousdale County
-6.9%

Housing Supply in Trousdale County, TN

How many homes are available in Trousdale County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4341-4.7%

Summary: The Trousdale County real estate market had 41 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 3331
-6.1%
4 44
0.0%
5+ 12
+100.0%

Summary: The Trousdale County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

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 Trousdale County, 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 Trousdale County in November 2024, down by 55.6% 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 Trousdale County, TN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days46 Days+100.8%

Summary: Homes in Trousdale County had an average of 46 days on market in Nov 2024, up by 100.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Trousdale County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Trousdale County, TN

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