$2,909 Closing Credit*
$245,000
1,372 SqFt
4 Beds
•2 Full Baths
Listing Office: Keller Williams Realty
Is Amnicola / East Chattanooga, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Amnicola / East Chattanooga has remained a Seller's Market.
Key Takeaway
Amnicola / East Chattanooga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amnicola / East Chattanooga, TN
How much do homes in Amnicola / East Chattanooga, TN cost?
Median Sold Price
$200,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.6%)
Key Takeaway
Homes in Amnicola / East Chattanooga have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Amnicola / East Chattanooga was $200,000 in November 2024, up 2.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $165K | +106.3% |
| 2 Bedrooms | $80.5K | $107K | +32.9% |
| 3 Bedrooms | $209K | $225K | +7.7% |
| 4 Bedrooms | $236.5K | $249K | +5.3% |
| 5+ Bedrooms | $360K | $479K | +33.1% |
Summary: Amnicola / East Chattanooga housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.3%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 33.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Amnicola / East Chattanooga | $195K | $200K | +2.6% |
| Glass Farms | $209.5K | $186K | -11.2% |
Housing Supply in Amnicola / East Chattanooga, TN
How many homes are available in Amnicola / East Chattanooga, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 57 | -5.0% |
Summary: The Amnicola / East Chattanooga real estate market had 57 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 38 | 34 | -10.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Amnicola / East Chattanooga housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Amnicola / East Chattanooga, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Amnicola / East Chattanooga in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Amnicola / East Chattanooga, TN
How long does it take to sell a home in Amnicola / East Chattanooga, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 78 Days | +462.9% |
Summary: Homes in Amnicola / East Chattanooga had an average of 78 days on market in Nov 2024, up by 462.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Amnicola / East Chattanooga are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in Amnicola / East Chattanooga; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 36% 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.