Real Estate Market Update for Sneedville, TN
Welcome to December's Market Update. Lets take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 22% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 150%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 100-thousand dollars. The number of units sold was consistent year-over-year, and decreased 50% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Sneedville, TN
Area Information for Sneedville, TN
  • Population: 1,368
  • Median Age: 40.84 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 2
  • Sales Tax: 9%
  • Population Density: 594/sq mi
  • Population Change Since 2000: 2.07%
  • Closest Airport: Tri-cities Regional Tn/va
  • Closest College: Lincoln Memorial University
  • Closest Jr. College: Walters State Community College
  • Median Household Income: $19,994
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $77,500
  • Closest Major Sports Team: Greeneville Astros
  • Change Avg. Household Income Since 2000: -3.73%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Sneedville, TN
Median Age: 40.84 Married: 35% Number of Households: 545 Households with Children: 186
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Sneedville, TN

      School Name Distance Type Grades School Rating Parent Rating
      Hancock County Elementary School 3.2 mi Public K-5 0 0
      Hancock County Early Learning Center 3.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Hancock High School 4.4 mi Public 6-12 1 0
      Clinch School 9.6 mi Public K-12 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Sneedville, TN
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.