$10,000 Closing Credit*
$1,299,900
3,908 SqFt
5 Beds
•4 Full Baths
Listing Office: Compass RE
Is Jefferson Park, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jefferson Park has remained a Seller's Market.
Key Takeaway
Jefferson Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson Park, TN
How much do homes in Jefferson Park, TN cost?
Median Sold Price
$990,000
$291/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$322,500(-24.6%)
Key Takeaway
Homes in Jefferson Park have sold for 24.6% less than they did a month ago.
Summary: The median home sold price in Jefferson Park was $990,000 in August 2024, down 24.6% from last month, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.3M | $990K | -28.0% |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Jefferson Park housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 28%, and 5+ bedroom homes did not change.
Housing Supply in Jefferson Park, TN
How many homes are available in Jefferson Park, TN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Jefferson Park real estate market had 5 homes for sale in August 2024, a 16.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Jefferson Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Jefferson Park in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson Park, TN
How long does it take to sell a home in Jefferson Park, TN?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 Days | 18 Days | +28.6% |
Summary: Homes in Jefferson Park had an average of 18 days on market in Aug 2024, up by 28.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson Park are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Jefferson Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.