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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corryton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Corryton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Corryton, TN

How much do homes in Corryton, TN cost?

Median Sold Price

$327,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,000(+10.8%)

Key Takeaway

Homes in Corryton have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Corryton was $327,000 in October 2024, up 10.8% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $240K$185.9K
-22.5%
3 $290.2K$317K
+9.2%
4 $333K$365K
+9.6%
5+ $333K$361.2K
+8.5%

Summary: Corryton 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 22.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Cities

Corryton
+10.8%
Blaine
-11.9%

Housing Supply in Corryton, TN

How many homes are available in Corryton, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5557+3.6%

Summary: The Corryton real estate market had 57 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 4239
-7.1%
4 78
+14.3%
5+ 12
+100.0%

Summary: The Corryton 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 60%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corryton, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Corryton in October 2024, up by 16.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 62% were sold at asking, and 8% were sold over asking.

Days on Market for Corryton, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days49 Days+417.2%

Summary: Homes in Corryton had an average of 49 days on market in Oct 2024, up by 417.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Corryton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in Corryton; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Corryton, TN

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