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 September 2023

Since last year, Walling has remained a Seller'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

$304,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$34,600(+12.8%)

Key Takeaway

Homes in Walling have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Walling was $304,500 in September 2024, up 12.8% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $190K-
N/A
2 $320K-
N/A
3 $264.9K$283.7K
+7.1%
4 $497.5K$450K
-9.5%
5+ -$532.5K
N/A

Summary: Walling housing prices by bedroom type for September 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 7.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rock Island
+29.9%
Walling
+12.8%

Housing Supply in Walling, TN

How many homes are available in Walling, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
910+11.1%

Summary: The Walling real estate market had 10 homes for sale in September 2024, a 11.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 02
+100.0%
2 11
0.0%
3 54
-20.0%
4 00
0.0%
5+ 33
0.0%

Summary: The Walling housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Walling in September 2024, the same as the previous 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 Walling, TN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
45 Days48 Days+7.8%

Summary: Homes in Walling had an average of 48 days on market in Sep 2024, up by 7.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Walling has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Walling; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Walling, TN

Nearby Markets to Walling, TN

What housing markets are near Walling, TN?