$2,493 Closing Credit*
$209,900
1,250 SqFt
3 Beds
•2 Full Baths
Listing Office: Century 21 Legacy
Is Athens, 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, Athens was a Buyer's Market.
Key Takeaway
Athens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Athens, TN
How much do homes in Athens, TN cost?
Median Sold Price
$270,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.8%)
Key Takeaway
Homes in Athens have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Athens was $270,000 in October 2024, up 3.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37.5K | $179K | +377.3% |
| 2 Bedrooms | $189.9K | $199.9K | +5.3% |
| 3 Bedrooms | $246.3K | $275K | +11.6% |
| 4 Bedrooms | $301.3K | $345K | +14.5% |
| 5+ Bedrooms | $310K | $333.8K | +7.7% |
Summary: Athens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 377.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in Athens, TN
How many homes are available in Athens, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 118 | -11.3% |
Summary: The Athens real estate market had 118 homes for sale in October 2024, a 11.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 16 | -15.8% |
| 3 Bedrooms | 70 | 66 | -5.7% |
| 4 Bedrooms | 41 | 31 | -24.4% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Athens 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 15.8%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 24.4%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 20 | -31.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Athens, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Athens in October 2024, down by 31.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.
Days on Market for Athens, TN
How long does it take to sell a home in Athens, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 40 Days | +95.6% |
Summary: Homes in Athens had an average of 40 days on market in Oct 2024, up by 95.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Athens are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Athens; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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