Is Athens, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Athens has remained a Seller's Market.
Housing Prices in Athens, TN
How much do homes in Athens, TN cost?
Median Sold Price
$255,000
$162/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Athens was $255,000 in April 2024, the same as last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126K | $37.5K | -70.2% |
2 Bedrooms | $150K | $189.9K | +26.6% |
3 Bedrooms | $250K | $249.5K | -0.2% |
4 Bedrooms | $315K | $315K | 0.0% |
5+ Bedrooms | $319K | $332K | +4.1% |
Summary: Athens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes increased by 26.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.1%.
Housing Supply in Athens, TN
How many homes are available in Athens, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 118 | +5.4% |
Summary: The Athens real estate market had 118 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 67 | 67 | 0.0% |
4 Bedrooms | 23 | 23 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Athens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 36 | +63.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Athens in April 2024, up by 63.6% month-over-month. Of the 36 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Athens, TN
How long does it take to sell a home in Athens, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 52 Days | -6.4% |
Summary: Homes in Athens had an average of 52 days on market in Apr 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Athens; 31% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.