$3,432 Closing Credit*
$289,000
1,537 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9973458, Brian Givens, Listing Office: A Team Real Estate Professionals
Is Church Hill, 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, Church Hill has remained a Seller's Market.
Key Takeaway
Church Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Church Hill, TN
How much do homes in Church Hill, TN cost?
Median Sold Price
$250,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-5.7%)
Key Takeaway
Homes in Church Hill have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Church Hill was $250,000 in October 2024, down 5.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $172.5K | -54.0% |
| 2 Bedrooms | $174.5K | $188K | +7.7% |
| 3 Bedrooms | $254.9K | $241.2K | -5.4% |
| 4 Bedrooms | $299.6K | $306K | +2.1% |
| 5+ Bedrooms | $321.2K | $347.5K | +8.2% |
Summary: Church Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
| Mount Carmel | $245K | $279.9K | +14.2% |
| Church Hill | $265K | $250K | -5.7% |
Housing Supply in Church Hill, TN
How many homes are available in Church Hill, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Church Hill real estate market had 49 homes for sale in October 2024, a 3.9% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Church Hill 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 14.3%, 3 bedroom homes decreased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Church Hill, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Church Hill in October 2024, up by 50.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Church Hill, TN
How long does it take to sell a home in Church Hill, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 96 Days | +71.4% |
Summary: Homes in Church Hill had an average of 96 days on market in Oct 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Church Hill has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Church Hill; 7% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 40% 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.