Inventory and the time a property sits on the market before selling are key housing metrics that savvy buyers and sellers tack. The regional days on market in November 79 while the median days on market was 3.3 months.

Region wide the time on market is increasing as consumer demand continues softening. At the same time inventory is increasing as sellers looking to cash in on the late 2024 deals and early 2025 season begins.

Here’s a county-level look at those two metrics. County-level data includes city markets within the county limits.

CARTER – 2.6 months of inventory shows its still a strong sellers market. Median days on market is 21.

GREENE – 3.4 months of inventory affords buyers some extra choices as active listings are slowly increasing. Median days on the market if 26.

HAWKINS – 3.4 months of inventory would put Hawkins in the same market situation as neighboring Greene Co. if it were not for how long a Hawkins listing is on the market. The median days on market is 43.

JOHNSON – 5.3 months of inventory puts Johnson Co. is on the cusp of what is typically considered a balanced market. The median time on market is 56 days, which is high compared to the rest of the region. Much of that can be attributed to the effects of Hurricane Helene.

SULLIVAN – 2.3 months of inventory is about where the region’s second largest sellers’ market has been in recent months. The median days on market is 22, which is increasing as we approach the last month of the year.

UNICOI – 3.2 months of inventory is the indicator for a market where the demand is high and supply is limited. The median days on market is currently 35. Unicoi’s housing market is also still contending with the effects of Hurricane Helene.

WASHINGTON, TN – 1.9 months of inventory is the lowest in the Tri-Cities region. The median days on market is 23 – a big increase over what it was a couple months ago.

WASHINGTON, VA – 4.8 months of inventory. This is a healthy inventory for a market that warrants extra attention because it has reversed an exodus of residents and is now attracting more new residents. The median days on market is 49.

SCOTT, VA – 4.9 months of inventory. While Scott’s market is not as large as neighboring Washington Co. VA it shares the same migration dynamic. The median days on market is 80, the longest of any market in the Tri-Cities region.