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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Afton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Afton was a Seller's Market.

Key Takeaway

Afton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Afton, TN

How much do homes in Afton, TN cost?

Median Sold Price

$277,450

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,450(+6.7%)

Key Takeaway

Homes in Afton have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Afton was $277,450 in November 2024, up 6.7% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$650K
+176.6%
2 $368K$216K
-41.3%
3 $235K$300K
+27.7%
4 $575K$405K
-29.6%
5+ -$345K
N/A

Summary: Afton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.6%, 2 bedroom homes decreased by 41.3%, 3 bedroom homes increased by 27.7%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greeneville
+7.7%
Afton
+6.7%
Chuckey
+3.5%
Tusculum
0.1%

Housing Supply in Afton, TN

How many homes are available in Afton, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2721-22.2%

Summary: The Afton real estate market had 21 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 41
-75.0%
3 1918
-5.3%
4 21
-50.0%
5+ 11
0.0%

Summary: The Afton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Afton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Afton in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Afton, TN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
81 Days145 Days+78.6%

Summary: Homes in Afton had an average of 145 days on market in Nov 2024, up by 78.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Afton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Afton; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

Newest Listings in Afton, TN

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