$3,400,000
6,048 SqFt
7 Beds
•5 Full Baths
Listing Office: REMAX Mountain Properties
November 2024
Report Updated 20 Days Ago
Is Polk County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Polk County was a Seller's Market.
How much do homes in Polk County, TN cost?
$280,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Polk County was $280,000 in November 2024, down 3.4% from last year, and the median price per square foot was $173.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $70K | -44.0% |
2 Bedrooms | $188K | $179K | -4.8% |
3 Bedrooms | $289K | $295K | +2.1% |
4 Bedrooms | $415K | $288K | -30.6% |
5+ Bedrooms | $372.5K | $532.4K | +42.9% |
Summary: Polk County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes increased by 42.9%.
Bradley County | $301.5K | $322.2K | +6.8% |
Fannin County | $551K | $586.2K | +6.4% |
McMinn County | $255K | $263K | +3.1% |
Monroe County | $292K | $295.9K | +1.3% |
Polk County | $289.9K | $280K | -3.4% |
How many homes are available in Polk County, TN?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
101 | 111 | +9.9% |
Summary: The Polk County real estate market had 111 homes for sale in November 2024, a 9.9% increase compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 46 | 55 | +19.6% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Polk County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Polk County in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Polk County, TN?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
78 Days | 117 Days | +50.3% |
Summary: Homes in Polk County had an average of 117 days on market in Nov 2024, up by 50.3% compared to last year.
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During November 2024, 8 homes were sold in Polk County; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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MLS Disclaimers and Copyright
Based on information from Northeast Georgia MLS, Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., East Tennessee REALTORS® MLS, RealTracs Middle Tennessee Regional MLS, Georgia MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2024. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
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Last updated on: 12/21/2024, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:18:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Georgia MLS © 2024.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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