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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walling is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Walling was a Seller's Market.

Key Takeaway

Walling is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walling, TN

How much do homes in Walling, TN cost?

Median Sold Price

$465,000

$334/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$247,050(+113.4%)

Key Takeaway

Homes in Walling have sold for 113.4% more than they did a month ago.

Summary: The median home sold price in Walling was $465,000 in October 2024, up 113.4% from last month, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$465K
N/A
3 $289.9K-
N/A
4 --
N/A
5+ $146K-
N/A

Summary: Walling housing prices by bedroom type for October 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

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The Walling real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 11
0.0%
3 32
-33.3%
4 00
0.0%
5+ 32
-33.3%

Summary: The Walling 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

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 1 homes were sold or pending in Walling 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 Walling, TN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
48 Days128 Days+163.9%

Summary: Homes in Walling had an average of 128 days on market in Oct 2024, up by 163.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 1 homes were sold in Walling; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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