$65,000
2.70 Acres
Land
Listing Office: Realty Executives Associates
October 2024
Report Updated 23 Days Ago
Is Birchwood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Birchwood has remained a Seller's Market.
How much do homes in Birchwood, TN cost?
$409,750
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Birchwood was $409,750 in October 2024, up 8.6% from last year, and the median price per square foot was $208.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $226K | $204K | -9.7% |
3 Bedrooms | $355.5K | $400.5K | +12.7% |
4 Bedrooms | $470K | $650K | +38.3% |
5+ Bedrooms | $620K | $465K | -25.0% |
Summary: Birchwood 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 decreased by 9.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes decreased by 25%.
Birchwood | $377.4K | $409.7K | +8.6% |
Bakewell | $431.9K | $461.6K | +6.9% |
Ooltewah / Summit | $433.3K | $452.8K | +4.5% |
Harrison Bay | $427.4K | $425.2K | -0.5% |
How many homes are available in Birchwood, TN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
66 | 69 | +4.5% |
Summary: The Birchwood real estate market had 69 homes for sale in October 2024, a 4.5% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 47 | 49 | +4.3% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Birchwood 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 40%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
11 | 24 | +118.2% |
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Birchwood in October 2024, up by 118.2% month-over-month. Of the 24 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
How long does it take to sell a home in Birchwood, TN?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
11 Days | 88 Days | +660.0% |
Summary: Homes in Birchwood had an average of 88 days on market in Oct 2024, up by 660% compared to last year.
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During October 2024, 24 homes were sold in Birchwood; 21% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago
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Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., East Tennessee REALTORS® MLS, RealTracs Middle Tennessee Regional MLS, and Georgia MLS for the period 11/01/2022 - 11/01/2024
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:18:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Georgia MLS © 2024.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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