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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calhoun is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Calhoun was a Buyer's Market.

Key Takeaway

Calhoun is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Calhoun, TN

How much do homes in Calhoun, TN cost?

Median Sold Price

$584,500

$227/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$34,500(+6.3%)

Key Takeaway

Homes in Calhoun have sold for 6.3% more than they did a month ago.

Summary: The median home sold price in Calhoun was $584,500 in December 2024, up 6.3% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $550K$458K
-16.7%
4 -$619K
N/A
5+ --
N/A

Summary: Calhoun housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Calhoun, TN

How many homes are available in Calhoun, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
119-18.2%

Summary: The Calhoun real estate market had 9 homes for sale in December 2024, a 18.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 42
-50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Calhoun housing inventory by bedroom type for December 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calhoun, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Calhoun in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Calhoun, TN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days64 Days+48.8%

Summary: Homes in Calhoun had an average of 64 days on market in Dec 2024, up by 48.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Calhoun has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Calhoun; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Calhoun, TN

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