Is Kodak, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kodak has remained a Seller's Market.
Housing Prices in Kodak, TN
How much do homes in Kodak, TN cost?
Median Sold Price
$427,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kodak was $427,000 in May 2024, up 15.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $247K | $353.7K | +43.2% |
3 Bedrooms | $370K | $405K | +9.5% |
4 Bedrooms | $352.5K | $675K | +91.5% |
5+ Bedrooms | $615K | $695K | +13.0% |
Summary: Kodak 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 increased by 43.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 91.5%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
Strawberry Plains | $315K | $366.5K | +16.3% |
Kodak | $370K | $427K | +15.4% |
Sevierville | $490K | $483.8K | -1.3% |
Housing Supply in Kodak, TN
How many homes are available in Kodak, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 36 | -14.3% |
Summary: The Kodak real estate market had 36 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 29 | 26 | -10.3% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Kodak 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 decreased by 33.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Kodak in May 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Kodak, TN
How long does it take to sell a home in Kodak, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
70 Days | 53 Days | -23.4% |
Summary: Homes in Kodak had an average of 53 days on market in May 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Kodak; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.