Jefferson County, TN Home Values & Market Trends
The median home price in Jefferson County, TN is $299,723.51. There were 839 home sales in Jefferson County, TN over the past 12 months. The median residential Jefferson County, TN home value for transactions over the previous year is $250,125. The number of current listings in Jefferson County, TN is 172, and the percentage of properties for sale is 172.00%. The county has 14 foreclosures, 2 bank owned properties, 12 headed for auction, and 172 properties for sale.
Jefferson County, TN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Dandridge | $ 491,711 $ 248/sqft | Strawberry Plains | $ 389,247 $ 203/sqft |
| Jefferson City | $ 279,949 $ 186/sqft | New Market | $ 349,900 $ 136/sqft |
| White Pine | $ 304,035 $ 212/sqft |
Housing Market Summary for Jefferson County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349K | $288.2K | -17.41% |
| Median Sold Price | $254.6K | $288.2K | 13.23% |
| Homes For Sale | 161 | 166 | 3.11% |
| Homes Sold | 512 | 489 | -4.49% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Jefferson County, TN
Browse Homes in Jefferson County, TN
Jefferson County, TN home values range from $20,230 to $7,779,539. Dandridge is the priciest city with a median listing home price of $415,000, and Jefferson City is most affordable with average house prices of around $299,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Jefferson 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 Jefferson 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Jefferson County, TN ranges from the highest value of $373,900 in White Pine to the lowest value of $309,969 in Jefferson City. Bank owned homes and properties account for 0.01% of properties in Jefferson County, TN. There are 5 cities within Jefferson County, TN; White Pine containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsDandridge has 7 auction properties, the highest number of properties going to auction in a single city in the state of Jefferson County, TN. Auction homes and other auction properties account for 0.05% of all properties in Jefferson County, TN. There are 5 cities within Jefferson County, TN; of those cities, the median estimated home value for homes going to auction ranges from $370,000 in Jefferson City to the lowest value of $116,418 in Jefferson City.
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More Real Estate Resources for Jefferson County, TN
Guide for Jefferson County, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of 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.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
