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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apison is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Apison is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Apison, TN

How much do homes in Apison, TN cost?

Median Sold Price

$523,092

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,647(-3.1%)

Key Takeaway

Homes in Apison have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Apison was $523,092 in October 2024, down 3.1% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$65K
N/A
2 $207K$299.9K
+44.9%
3 $454.9K$427.5K
-6.0%
4 $575K$565K
-1.7%
5+ $665K$663.9K
-0.2%

Summary: Apison housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.9%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Neighborhoods

Ooltewah / Summit
+4.5%
East Brainerd
+4.1%
Westview / Mountain Shadows
+2.0%
Apison
-3.1%

Housing Supply in Apison, TN

How many homes are available in Apison, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114128+12.3%

Summary: The Apison real estate market had 128 homes for sale in October 2024, a 12.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 3330
-9.1%
4 4965
+32.7%
5+ 2324
+4.3%

Summary: The Apison 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2316-30.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Apison, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Apison in October 2024, down by 30.4% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.

Days on Market for Apison, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days65 Days-0.1%

Summary: Homes in Apison had an average of 65 days on market in Oct 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Apison are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in Apison; 19% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 19% 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 16 Days Ago

Newest Listings in Apison, TN

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