Is Atoka, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atoka is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Atoka has remained a Seller's Market.

Key Takeaway

Atoka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atoka, TN

How much do homes in Atoka, TN cost?

Median Sold Price

$350,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,100(+4.2%)

Key Takeaway

Homes in Atoka have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$175K
N/A
3 $287.5K$299.9K
+4.3%
4 $370K$392K
+5.9%
5+ $380K$425K
+11.8%

Summary: Atoka 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 did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Cities

Atoka
+4.2%
Munford
-2.6%

Housing Supply in Atoka, TN

How many homes are available in Atoka, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4954+10.2%

Summary: The Atoka real estate market had 54 homes for sale in May 2024, a 10.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1920
+5.3%
4 2327
+17.4%
5+ 77
0.0%

Summary: The Atoka 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atoka, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Atoka in May 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Atoka, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Atoka, TN

Nearby Markets to Atoka, TN