$2,849 Closing Credit*
$239,900
1,226 SqFt
3 Beds
•1 Full Bath
Dawn ONeil, Listing Office: Re/Max Renaissance
Is Soddy-Daisy, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Soddy-Daisy has remained a Seller's Market.
Key Takeaway
Soddy-Daisy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Soddy-Daisy, TN
How much do homes in Soddy-Daisy, TN cost?
Median Sold Price
$330,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$55,000(+20.0%)
Key Takeaway
Homes in Soddy-Daisy have sold for 20% more than they did a year ago.
Summary: The median home sold price in Soddy-Daisy was $330,000 in September 2024, up 20% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258.5K | $120K | -53.6% |
| 2 Bedrooms | $197.5K | $210.9K | +6.8% |
| 3 Bedrooms | $285K | $347K | +21.8% |
| 4 Bedrooms | $410K | $425K | +3.7% |
| 5+ Bedrooms | $397.5K | $675K | +69.8% |
Summary: Soddy-Daisy housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.6%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 69.8%.
Median Sold Price Compared To Nearby Cities
| Soddy-Daisy | $275K | $330K | +20.0% |
| Chattanooga | $319.7K | $328.7K | +2.8% |
Housing Supply in Soddy-Daisy, TN
How many homes are available in Soddy-Daisy, TN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 48 | 51 | +6.3% |
Summary: The Soddy-Daisy real estate market had 51 homes for sale in September 2024, a 6.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Soddy-Daisy housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Soddy-Daisy, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Soddy-Daisy in September 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 62% were sold at asking, and 0% were sold over asking.
Days on Market for Soddy-Daisy, TN
How long does it take to sell a home in Soddy-Daisy, TN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 11 Days | 15 Days | +42.4% |
Summary: Homes in Soddy-Daisy had an average of 15 days on market in Sep 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Soddy-Daisy are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 13 homes were sold in Soddy-Daisy; 15% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.