Is Antioch / Priest Lake, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antioch / Priest Lake is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Antioch / Priest Lake has remained a Seller's Market.

Key Takeaway

Antioch / Priest Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Antioch / Priest Lake, TN

How much do homes in Antioch / Priest Lake, TN cost?

Median Sold Price

$357,869

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,938(+2.6%)

Key Takeaway

Homes in Antioch / Priest Lake have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Antioch / Priest Lake was $357,869 in November 2024, up 2.6% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K-
N/A
2 $270K$265K
-1.9%
3 $335K$358K
+6.9%
4 $419.4K$435.9K
+4.0%
5+ $462.9K$472.9K
+2.2%

Summary: Antioch / Priest Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 2.2%.

Housing Supply in Antioch / Priest Lake, TN

How many homes are available in Antioch / Priest Lake, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
338349+3.3%

Summary: The Antioch / Priest Lake real estate market had 349 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 8281
-1.2%
3 175185
+5.7%
4 7172
+1.4%
5+ 89
+12.5%

Summary: The Antioch / Priest Lake 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 decreased by 1.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7862-20.5%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antioch / Priest Lake, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in Antioch / Priest Lake in November 2024, down by 20.5% month-over-month. Of the 62 sold homes, 55% were sold under asking, 26% were sold at asking, and 19% were sold over asking.

Days on Market for Antioch / Priest Lake, TN

How long does it take to sell a home in Antioch / Priest Lake, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days42 Days+61.6%

Summary: Homes in Antioch / Priest Lake had an average of 42 days on market in Nov 2024, up by 61.6% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Antioch / Priest Lake are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 62 homes were sold in Antioch / Priest Lake; 55% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in Antioch / Priest Lake, TN

Nearby Markets to Antioch / Priest Lake, TN