Is White Pine, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, White Pine was a Buyer's Market.
Housing Prices in White Pine, TN
How much do homes in White Pine, TN cost?
Median Sold Price
$275,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in White Pine was $275,000 in April 2024, up 19.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $175.4K | +3.2% |
3 Bedrooms | $242.5K | $282K | +16.3% |
4 Bedrooms | $225K | $270K | +20.0% |
5+ Bedrooms | $450K | $825K | +83.3% |
Summary: White Pine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 83.3%.
Median Sold Price Compared To Nearby Cities
White Pine | $229.9K | $275K | +19.6% |
Talbott | $282.6K | $290.6K | +2.8% |
Morristown | $265.1K | $270K | +1.8% |
Housing Supply in White Pine, TN
How many homes are available in White Pine, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Summary: The White Pine real estate market had 34 homes for sale in April 2024, a 3.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The White Pine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in White Pine in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for White Pine, TN
How long does it take to sell a home in White Pine, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 94 Days | +87.1% |
Summary: Homes in White Pine had an average of 94 days on market in Apr 2024, up by 87.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in White Pine; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.