Is Walling, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walling is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Walling was a Buyer's Market.

Key Takeaway

Walling is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Walling, TN

How much do homes in Walling, TN cost?

Median Sold Price

$349,900

$166/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$115,100(-24.8%)

Key Takeaway

Homes in Walling have sold for 24.8% less than they did a month ago.

Summary: The median home sold price in Walling was $349,900 in November 2024, down 24.8% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $465K-
N/A
3 -$350K
N/A
4 --
N/A
5+ -$349.9K
N/A

Summary: Walling housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Walling, TN

How many homes are available in Walling, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Walling real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 33
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Walling 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walling, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Walling in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Walling, TN

How long does it take to sell a home in Walling, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
128 Days103 Days-19.0%

Summary: Homes in Walling had an average of 103 days on market in Nov 2024, down by 19% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Walling are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Walling; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

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