Carter County, TN Home Values & Market Trends

The median home price in Carter County, TN is $220,134.67. There were 862 home sales in Carter County, TN over the past 12 months. The median residential Carter County, TN home value for transactions over the previous year is $170,000. The number of current listings in Carter County, TN is 76, and the percentage of properties for sale is 76.00%. The county has 12 foreclosures, 5 bank owned properties, 7 headed for auction, and 76 properties for sale.

Carter County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Elizabethton

$ 204,296

$ 123/sqft

Milligan College

$ --

$ --

Hampton

$ 275,000

$ 119/sqft

Watauga

$ --

$ --

Roan Mountain

$ 342,095

$ 212/sqft

Housing Market Summary for Carter County, TN

Mar 2023February 2024Change
Median Listing Price$225K$201.4K-10.48%
Median Sold Price$187.1K$201.4K7.67%
Homes For Sale87948.05%
Homes Sold603535-11.28%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Carter County, TN

Carter County, TN home values range from $20,678 to $9,000,000. Roan Mountain is the priciest city with a median listing home price of $363,750, and Elizabethton is most affordable with average house prices of around $239,999.

Foreclosure
There are 5 cities within Carter County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $434,861 in Elizabethton to the lowest value of $104,208 in Elizabethton. Foreclosure homes account for 0.00% of properties in Carter County, TN with Elizabethton containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Carter County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Carter County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Carter County, TN ranges from the highest value of $328,522 in Elizabethton to the lowest value of $104,208 in Elizabethton. Bank owned homes and properties account for 0.02% of properties in Carter County, TN. There are 5 cities within Carter County, TN; Elizabethton containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Elizabethton has 5 auction properties, the highest number of properties going to auction in a single city in the state of Carter County, TN. Auction homes and other auction properties account for 0.03% of all properties in Carter County, TN. There are 5 cities within Carter County, TN; of those cities, the median estimated home value for homes going to auction ranges from $399,130 in Roan Mountain to the lowest value of $153,114 in Roan Mountain.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in Carter County, TN with Elizabethton containing 43 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Carter County, TN; homes for sale in those cities, have a range of median values from $875,000 in Hampton to the lowest value of $63,987 in Elizabethton.
    Sold Homes
    The median value for recently sold homes ranges from $375,378 in Hampton to the lowest price of $27,473 in Hampton. There are 5 cities within Carter County, TN. Elizabethton has 312 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.21% of properties in Carter County, TN.

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      Guide for Carter County, TN

      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      Investing Strategies
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      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

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      Home Buying Guides & Tips|posted 6 June 2013

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      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.