$139,900
1.95 Acres
Land
Listing Office: Charlotte Mabry Team
Is Walden, 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, Walden was a Neutral Market.
Key Takeaway
Walden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walden, TN
How much do homes in Walden, TN cost?
Median Sold Price
$995,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,050(+7.6%)
Key Takeaway
Homes in Walden have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Walden was $995,000 in October 2024, up 7.6% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $400K | +122.2% |
| 3 Bedrooms | $400K | $650K | +62.5% |
| 4 Bedrooms | $950K | $1.0M | +5.3% |
| 5+ Bedrooms | $1.4M | $1.3M | -7.1% |
Summary: Walden 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 122.2%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Signal Mountain | $623.7K | $693.1K | +11.1% |
| Walden | $924.9K | $995K | +7.6% |
Housing Supply in Walden, TN
How many homes are available in Walden, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Walden real estate market had 17 homes for sale in October 2024, a 26.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Walden 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 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walden, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Walden in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Walden, TN
How long does it take to sell a home in Walden, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 36 Days | +111.8% |
Summary: Homes in Walden had an average of 36 days on market in Oct 2024, up by 111.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Walden; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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.