$3,680 Closing Credit*
$309,900
1,472 SqFt
3 Beds
•2 Full Baths
Donna O. Barber, Listing Office: Synergy Realty Network, LLC
Is Estill Springs, 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, Estill Springs was a Seller's Market.
Key Takeaway
Estill Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Estill Springs, TN
How much do homes in Estill Springs, TN cost?
Median Sold Price
$301,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,000(+12.7%)
Key Takeaway
Homes in Estill Springs have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Estill Springs was $301,000 in October 2024, up 12.7% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $215.4K | +7.7% |
| 2 Bedrooms | $196K | $280K | +42.9% |
| 3 Bedrooms | $261K | $296K | +13.4% |
| 4 Bedrooms | $820K | $650K | -20.7% |
| 5+ Bedrooms | $825K | $399.9K | -51.5% |
Summary: Estill Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 51.5%.
Housing Supply in Estill Springs, TN
How many homes are available in Estill Springs, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +16.7% |
Summary: The Estill Springs real estate market had 63 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 35 | 41 | +17.1% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Estill Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Estill Springs, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Estill Springs in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Estill Springs, TN
How long does it take to sell a home in Estill Springs, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 50 Days | +59.5% |
Summary: Homes in Estill Springs had an average of 50 days on market in Oct 2024, up by 59.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Estill Springs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Estill Springs; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.