Is Hartsville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hartsville has remained a Seller's Market.
Key Takeaway
Hartsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hartsville, TN
How much do homes in Hartsville, TN cost?
Median Sold Price
$352,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hartsville have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Hartsville was $352,500 in May 2024, up 17.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $213K | $260K | +22.1% |
| 3 Bedrooms | $310K | $335K | +8.1% |
| 4 Bedrooms | $269.9K | $569.9K | +111.1% |
| 5+ Bedrooms | $225K | $820K | +264.4% |
Summary: Hartsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 111.1%, and 5+ bedroom homes increased by 264.4%.
Median Sold Price Compared To Nearby Cities
| Hartsville | $299.9K | $352.5K | +17.5% |
| Bethpage | $374.2K | $395K | +5.6% |
| Castalian Springs | $420K | $422.5K | +0.6% |
| Pleasant Shade | $297.4K | $293.6K | -1.3% |
Housing Supply in Hartsville, TN
How many homes are available in Hartsville, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Hartsville real estate market had 43 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hartsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hartsville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Hartsville in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Hartsville, TN
How long does it take to sell a home in Hartsville, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 30 Days | +4.4% |
Summary: Homes in Hartsville had an average of 30 days on market in May 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hartsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Hartsville; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.