Warren County Housing Market Report December 2024Warren County, Tennessee

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Housing Prices in Warren County, TN

How much do homes in Warren County, TN cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Warren County is a Buyer's Market

Difference Since December 2023

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$275,000$189/SqFt
+$20,208
+7.9%

Based on all homes sold in the last 12 months

Insight

Homes in Warren County have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Warren County was $275,000 in December 2024, up 7.9% from last year, and the median price per square foot was $189.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Van Buren County
+33.4%
White County
+16.4%
DeKalb County
+10.2%
Warren County
+7.9%
Cannon County
+1.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$170K$136K
-20.0%
2$177.5K$170K
-4.2%
3$260K$275K
+5.8%
4$305K$319.9K
+4.9%
5$470K$572.5K
+21.8%

Summary: Warren County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -20.0%. The home price for 2 bedroom homes decreased by -4.2%. The home price for 3 bedroom homes increased by +5.8%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes increased by +21.8%.

Housing supply in Warren County, TN

How many homes are available in Warren County, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
292Last MonthDec 2024
2802 months agoNov 2024
+4.3 %
Change MoMNov – Dec

Summary: The Warren County real estate market had 292 homes for sale in Dec 2024, a 4.3 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
36Last MonthDec 2024
242 months agoNov 2024
+50.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
143
-25.0%
23434
0.0%
3181185
+2.2%
45462
+14.8%
578
+14.3%

Summary: Warren County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +2.2%. The inventory for 4 bedroom homes increased by +14.8%. The inventory for 5 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Warren County, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price12 Homes

Under Asking Price20 Homes

Insight

If you're buying a home in Warren County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Warren County in December 2024, up by 50.0% month-over-month. Of the 35 sold homes, 57% were sold under asking, 34% were sold at asking, and and 9% were sold over asking.

Days on Market for Warren County, TN

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

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days19 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in Warren County has remained consistent over time.

Summary: During December 2024, 36 homes were sold in Warren County; 39% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
41 DaysThis YearDec 2024
41 Days1 year agoDec 2023
0.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Warren County had an average listing age of 41 days in Dec 2024, down by .4% compared to the previous year.

Newest Listings in Warren County, TN

What homes are available in Warren County, TN?

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, East Tennessee REALTORS® MLS, Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., River Counties MLS, and First Multiple Listing Service Inc. for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/17/2025, 11:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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: 1/17/2025, 11:16:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.