$185,000
2.00 Acres
Land
Listing Office: RE/MAX Properties
Is Jasper, 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, Jasper has remained a Seller's Market.
Key Takeaway
Jasper is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jasper, TN
How much do homes in Jasper, TN cost?
Median Sold Price
$325,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,500(+14.6%)
Key Takeaway
Homes in Jasper have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Jasper was $325,000 in October 2024, up 14.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $280K | N/A |
| 2 Bedrooms | $168K | $253.7K | +51.0% |
| 3 Bedrooms | $274K | $310K | +13.1% |
| 4 Bedrooms | $357.4K | $345K | -3.5% |
| 5+ Bedrooms | $663K | $630K | -5.0% |
Summary: Jasper 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 increased by 51%, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 5%.
Housing Supply in Jasper, TN
How many homes are available in Jasper, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 67 | +8.1% |
Summary: The Jasper real estate market had 67 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 37 | 43 | +16.2% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Jasper 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 50%, 3 bedroom homes increased by 16.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jasper, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Jasper in October 2024, up by 54.5% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for Jasper, TN
How long does it take to sell a home in Jasper, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 37 Days | -32.3% |
Summary: Homes in Jasper had an average of 37 days on market in Oct 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jasper are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Jasper; 12% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% 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. 
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.