$4,786 Closing Credit*
$402,990
2,164 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jameson Leasure, Listing Office: D.R. Horton
Is Watauga, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Watauga has remained a Seller's Market.
Key Takeaway
Watauga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Watauga, TN
How much do homes in Watauga, TN cost?
Median Sold Price
$234,700
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,200(+28.6%)
Key Takeaway
Homes in Watauga have sold for 28.6% more than they did a year ago.
Summary: The median home sold price in Watauga was $234,700 in November 2024, up 28.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.5K | - | N/A |
| 2 Bedrooms | $127.5K | $196K | +53.7% |
| 3 Bedrooms | $237.4K | $164K | -30.9% |
| 4 Bedrooms | - | $519.9K | N/A |
| 5+ Bedrooms | $330K | $625K | +89.4% |
Summary: Watauga housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.7%, 3 bedroom homes decreased by 30.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 89.4%.
Median Sold Price Compared To Nearby Cities
| Watauga | $182.5K | $234.7K | +28.6% |
| Johnson City | $280.2K | $304.5K | +8.7% |
Housing Supply in Watauga, TN
How many homes are available in Watauga, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Watauga real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Watauga 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 increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Watauga, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Watauga in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Watauga, TN
How long does it take to sell a home in Watauga, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | 0.0% |
Summary: Homes in Watauga had an average of 45 days on market in Nov 2024, the same as 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
Key Takeaway
Avg time on Rocket Homes in Watauga has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Watauga; 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.