$6,281 Closing Credit*
$528,900
2,076 SqFt
3 Beds
•2 Full Baths
Listing Office: Blevins Grp, Realty Executives
Is Kahite, 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, Kahite was a Seller's Market.
Key Takeaway
Kahite is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kahite, TN
How much do homes in Kahite, TN cost?
Median Sold Price
$694,900
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,450(+12.5%)
Key Takeaway
Homes in Kahite have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Kahite was $694,900 in October 2024, up 12.5% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $600K | $672.6K | +12.1% |
| 4 Bedrooms | $817.5K | $833K | +1.9% |
| 5+ Bedrooms | $2.8M | $925K | -67.0% |
Summary: Kahite 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 did not change, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 67%.
Housing Supply in Kahite, TN
How many homes are available in Kahite, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Kahite real estate market had 12 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kahite 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 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 Kahite, 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 Kahite in October 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 Kahite, TN
How long does it take to sell a home in Kahite, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 51 Days | -49.5% |
Summary: Homes in Kahite had an average of 51 days on market in Oct 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kahite has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Kahite; 0% of homes were sold within 30 days, 100% 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.