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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allons is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Allons was a Seller's Market.

Key Takeaway

Allons 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 Allons, TN

How much do homes in Allons, TN cost?

Median Sold Price

$516,000

$170/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$286,000(+124.3%)

Key Takeaway

Homes in Allons have sold for 124.3% more than they did a month ago.

Summary: The median home sold price in Allons was $516,000 in May 2024, up 124.3% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$516K
N/A
4 $230K-
N/A
5+ --
N/A

Summary: Allons housing prices by bedroom type for May 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.

Median Sold Price Compared To Nearby Cities

Allons
+124.3%
Monroe
-46.5%

Housing Supply in Allons, TN

How many homes are available in Allons, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
76-14.3%

Summary: The Allons real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 20
-100.0%
5+ 00
0.0%

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

Number of Homes Sold

Apr 2024May 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 Allons, 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 Allons in May 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 Allons, TN

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

Average Sale Time

Apr 2024May 2024CHANGE
18 Days26 Days+40.5%

Summary: Homes in Allons had an average of 26 days on market in May 2024, up by 40.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Allons are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Allons; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

Newest Listings in Allons, TN

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