$4,176 Closing Credit*
$351,692
2,164 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9973008, Mary Ellen Chess, Listing Office: D.R. Horton
Is Bluff City, 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, Bluff City has remained a Seller's Market.
Key Takeaway
Bluff City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bluff City, TN
How much do homes in Bluff City, TN cost?
Median Sold Price
$326,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,500(+25.6%)
Key Takeaway
Homes in Bluff City have sold for 25.6% more than they did a year ago.
Summary: The median home sold price in Bluff City was $326,500 in October 2024, up 25.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $155.9K | $175K | +12.3% |
| 3 Bedrooms | $260K | $318K | +22.3% |
| 4 Bedrooms | $396.5K | $389.7K | -1.7% |
| 5+ Bedrooms | $442.5K | $389.7K | -11.9% |
Summary: Bluff City 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 12.3%, 3 bedroom homes increased by 22.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Bluff City | $260K | $326.5K | +25.6% |
| Piney Flats | $412K | $450K | +9.2% |
| Bristol | $219.9K | $240K | +9.1% |
Housing Supply in Bluff City, TN
How many homes are available in Bluff City, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 52 | +15.6% |
Summary: The Bluff City real estate market had 52 homes for sale in October 2024, a 15.6% increase 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bluff City 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 increased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bluff City, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Bluff City in October 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for Bluff City, TN
How long does it take to sell a home in Bluff City, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 75 Days | +49.2% |
Summary: Homes in Bluff City had an average of 75 days on market in Oct 2024, up by 49.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bluff City has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Bluff City; 10% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 30% 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.