$6,233 Closing Credit*
$524,900
784 SqFt
2 Beds
•1 Full Bath
#9973532, Jacob Force, Listing Office: Collins & Co. Realtors & Auctioneers
Is Elizabethton, 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, Elizabethton has remained a Seller's Market.
Key Takeaway
Elizabethton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elizabethton, TN
How much do homes in Elizabethton, TN cost?
Median Sold Price
$232,833
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,966(+7.9%)
Key Takeaway
Homes in Elizabethton have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Elizabethton was $232,833 in October 2024, up 7.9% 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 | $72K | $145K | +101.4% |
| 2 Bedrooms | $165K | $175K | +6.1% |
| 3 Bedrooms | $236K | $239.9K | +1.7% |
| 4 Bedrooms | $315K | $307.6K | -2.3% |
| 5+ Bedrooms | $340K | $485K | +42.6% |
Summary: Elizabethton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.4%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 42.6%.
Median Sold Price Compared To Nearby Cities
| Elizabethton | $215.8K | $232.8K | +7.9% |
| Johnson City | $284.5K | $302.3K | +6.2% |
Housing Supply in Elizabethton, TN
How many homes are available in Elizabethton, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 132 | +9.1% |
Summary: The Elizabethton real estate market had 132 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 32 | +28.0% |
| 3 Bedrooms | 67 | 68 | +1.5% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Elizabethton 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 28%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabethton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Elizabethton in October 2024, the same as the previous month. Of the 30 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.
Days on Market for Elizabethton, TN
How long does it take to sell a home in Elizabethton, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 86 Days | +18.3% |
Summary: Homes in Elizabethton had an average of 86 days on market in Oct 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Elizabethton has remained consistent over time.
Summary: During October 2024, 30 homes were sold in Elizabethton; 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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.