$350,000
1,400 SqFt
3 Beds
•2 Full Baths
Listing Office: Walton George Realty Group
October 2024
Report Updated 13 Days Ago
Is 37871, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 37871 was a Seller's Market.
How much do homes in 37871, TN cost?
$400,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 37871 was $400,000 in October 2024, up 18.5% from last year, and the median price per square foot was $185.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.1K | $75K | -41.5% |
2 Bedrooms | $200K | $272.5K | +36.3% |
3 Bedrooms | $278K | $387K | +39.2% |
4 Bedrooms | $429K | $443.5K | +3.4% |
5+ Bedrooms | $671.3K | $459.9K | -31.5% |
Summary: 37871 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.5%, 2 bedroom homes increased by 36.3%, 3 bedroom homes increased by 39.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 31.5%.
How many homes are available in 37871, TN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
35 | 46 | +31.4% |
Summary: The 37871 real estate market had 46 homes for sale in October 2024, a 31.4% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 20 | 29 | +45.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 37871 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 45%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 200%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 37871 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
How long does it take to sell a home in 37871, TN?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
20 Days | 45 Days | +117.1% |
Summary: Homes in 37871 had an average of 45 days on market in Oct 2024, up by 117.1% compared to last year.
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During October 2024, 5 homes were sold in 37871; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from East Tennessee REALTORS® MLS, and Tennessee Virginia Regional MLS for the period 11/01/2022 - 11/01/2024
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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