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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walden is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Walden, TN

How much do homes in Walden, TN cost?

Median Sold Price

$925,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$67,500(-6.8%)

Key Takeaway

Homes in Walden have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Walden was $925,000 in September 2024, down 6.8% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $180K$350K
+94.4%
3 $402.5K$590K
+46.6%
4 $1.0M$995K
-3.9%
5+ $1.4M$1.3M
-10.0%

Summary: Walden housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 94.4%, 3 bedroom homes increased by 46.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Signal Mountain
+10.0%
Walden
-6.8%

Housing Supply in Walden, TN

How many homes are available in Walden, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1916-15.8%

Summary: The Walden real estate market had 16 homes for sale in September 2024, a 15.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 00
0.0%
3 87
-12.5%
4 64
-33.3%
5+ 44
0.0%

Summary: The Walden housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walden, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Walden in September 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Walden, TN

How long does it take to sell a home in Walden, TN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Walden has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Walden; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Walden, TN

Nearby Markets to Walden, TN

What housing markets are near Walden, TN?