$1,425 Closing Credit*
$120,000
1,508 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: United Real Estate Solutions
Is Crab Orchard, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Crab Orchard was a Seller's Market.
Key Takeaway
Crab Orchard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Crab Orchard, TN
How much do homes in Crab Orchard, TN cost?
Median Sold Price
$182,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$92,950(-33.8%)
Key Takeaway
Homes in Crab Orchard have sold for 33.8% less than they did a year ago.
Summary: The median home sold price in Crab Orchard was $182,000 in October 2024, down 33.8% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $240K | $186K | -22.5% |
| 3 Bedrooms | $397.4K | $160K | -59.7% |
| 4 Bedrooms | $690K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Crab Orchard 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 decreased by 59.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Crab Orchard, TN
How many homes are available in Crab Orchard, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Crab Orchard real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crab Orchard 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 decreased by 40%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crab Orchard, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Crab Orchard in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Crab Orchard, TN
How long does it take to sell a home in Crab Orchard, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 182 Days | 196 Days | +7.7% |
Summary: Homes in Crab Orchard had an average of 196 days on market in Oct 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Crab Orchard are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Crab Orchard; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.