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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wilson County, TN

How much do homes in Wilson County, TN cost?

Median Sold Price

$475,360

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,579(+5.5%)

Key Takeaway

Homes in Wilson County have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Wilson County was $475,360 in October 2024, up 5.5% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $109K$202.5K
+85.8%
2 $312.5K$363K
+16.2%
3 $383.5K$406.1K
+5.9%
4 $566.5K$580.3K
+2.4%
5+ $619.4K$699.9K
+13.0%

Summary: Wilson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.8%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Counties

Smith County
+7.7%
Wilson County
+5.5%
Davidson County
+3.7%
Sumner County
+1.4%
Trousdale County
-4.4%

Housing Supply in Wilson County, TN

How many homes are available in Wilson County, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
949998+5.2%

Summary: The Wilson County real estate market had 998 homes for sale in October 2024, a 5.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 5762
+8.8%
3 486493
+1.4%
4 316343
+8.5%
5+ 8696
+11.6%

Summary: The Wilson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 11.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
187169-9.6%

Asking Price vs. Sold Price

87 Homes Were Sold
Under Asking

51 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson County, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.

Summary: A total of 169 homes were sold or pending in Wilson County in October 2024, down by 9.6% month-over-month. Of the 165 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.

Days on Market for Wilson County, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days34 Days+33.9%

Summary: Homes in Wilson County had an average of 34 days on market in Oct 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

100 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 169 homes were sold in Wilson County; 59% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 9% 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 Wilson County, TN

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What housing markets are near Wilson County, TN?