$2,576 Closing Credit*
$216,900
1,073 SqFt
2 Beds
•2 Full Baths
#9974413, Kevin Stafford, Listing Office: Century 21 Legacy
Is Elizabethton, 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, 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
$236,350
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,050(+9.3%)
Key Takeaway
Homes in Elizabethton have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Elizabethton was $236,350 in November 2024, up 9.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $145K | +81.3% |
| 2 Bedrooms | $165K | $180K | +9.1% |
| 3 Bedrooms | $236.5K | $240K | +1.5% |
| 4 Bedrooms | $315K | $342K | +8.6% |
| 5+ Bedrooms | $319.9K | $485K | +51.6% |
Summary: Elizabethton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 51.6%.
Median Sold Price Compared To Nearby Cities
| Elizabethton | $216.3K | $236.3K | +9.3% |
| Johnson City | $280.2K | $304.5K | +8.7% |
Housing Supply in Elizabethton, TN
How many homes are available in Elizabethton, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 118 | -7.1% |
Summary: The Elizabethton real estate market had 118 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 31 | 37 | +19.4% |
| 3 Bedrooms | 64 | 49 | -23.4% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Elizabethton 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 increased by 19.4%, 3 bedroom homes decreased by 23.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 20 | -35.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabethton, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Elizabethton in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 55% were sold under asking, 15% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 52 Days | +10.9% |
Summary: Homes in Elizabethton had an average of 52 days on market in Nov 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elizabethton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Elizabethton; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.