Housing Prices in Iron City, TN

How much do homes in Iron City, TN cost?

Median List Price

$225,000

$163/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$20,000(-8.2%)

Key Takeaway

The list price of homes in Iron City has decreased by 8.2% since last year.

Summary: The median home list price in Iron City was $225,000 in November 2024, down 8.2% from the previous year, and the median price per square foot was $163.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K$119.9K
+59.9%
2 $389K$134.4K
-65.4%
3 $225K$317.4K
+41.1%
4 -$554K
N/A
5+ $329K$225K
-31.6%

Summary: Iron City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.9%, 2 bedroom homes decreased by 65.4%, 3 bedroom homes increased by 41.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 31.6%.

Median List Price Compared To Nearby Cities

Iron City
-8.2%
Iron City
-20.9%

Housing Supply in Iron City, TN

How many homes are available in Iron City, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
812+50.0%

Summary: The Iron City real estate market had 12 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 22
0.0%
3 46
+50.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The Iron City housing inventory by bedroom type for November 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Days on Market for Iron City, TN

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

Average Listing Age

Nov 2023Nov 2024CHANGE
133 Days82 Days-38.6%

Summary: Homes in Iron City had an average listing age of 82 days in Nov 2024, down by 38.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Iron City, TN

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