$8,063 Closing Credit*
$679,000
2,185 SqFt
3 Beds
•2 Full Baths
Listing Office: Realty Executives Associates
Is Chota Hills, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chota Hills has remained a Seller's Market.
Key Takeaway
Chota Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chota Hills, TN
How much do homes in Chota Hills, TN cost?
Median Sold Price
$557,500
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,600(+3.3%)
Key Takeaway
Homes in Chota Hills have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Chota Hills was $557,500 in November 2024, up 3.3% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | - | N/A |
| 3 Bedrooms | $544.9K | $550K | +0.9% |
| 4 Bedrooms | $542.3K | $655K | +20.8% |
| 5+ Bedrooms | - | $430.4K | N/A |
Summary: Chota Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes did not change.
Housing Supply in Chota Hills, TN
How many homes are available in Chota Hills, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Chota Hills real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chota Hills housing inventory by bedroom type for November 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 4.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chota Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Chota Hills in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chota Hills, TN
How long does it take to sell a home in Chota Hills, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 112 Days | 100 Days | -10.3% |
Summary: Homes in Chota Hills had an average of 100 days on market in Nov 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chota Hills has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Chota Hills; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.