Is Amnicola / East Chattanooga, 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, Amnicola / East Chattanooga has remained a Seller's Market.
Key Takeaway
Amnicola / East Chattanooga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amnicola / East Chattanooga, TN
How much do homes in Amnicola / East Chattanooga, TN cost?
Median Sold Price
$195,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Amnicola / East Chattanooga have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Amnicola / East Chattanooga was $195,000 in April 2024, up 18.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $165K | +106.3% |
| 2 Bedrooms | $103.5K | $94.5K | -8.7% |
| 3 Bedrooms | $189K | $215K | +13.8% |
| 4 Bedrooms | $230K | $258.7K | +12.5% |
| 5+ Bedrooms | $161K | $360K | +123.6% |
Summary: Amnicola / East Chattanooga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.3%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 123.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Glass Farms | $160K | $202K | +26.3% |
| Amnicola / East Chattanooga | $164K | $195K | +18.9% |
Housing Supply in Amnicola / East Chattanooga, TN
How many homes are available in Amnicola / East Chattanooga, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 58 | -4.9% |
Summary: The Amnicola / East Chattanooga real estate market had 58 homes for sale in April 2024, a 4.9% decrease 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 | 12 | -14.3% |
| 3 Bedrooms | 34 | 32 | -5.9% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Amnicola / East Chattanooga 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 decreased by 14.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amnicola / East Chattanooga, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Amnicola / East Chattanooga in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 33% were sold under asking, 40% were sold at asking, and 27% were sold over asking.
Days on Market for Amnicola / East Chattanooga, TN
How long does it take to sell a home in Amnicola / East Chattanooga, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 5 Days | -58.3% |
Summary: Homes in Amnicola / East Chattanooga had an average of 5 days on market in Apr 2024, down by 58.3% compared to last year.
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
Key Takeaway
Many homes in Amnicola / East Chattanooga are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Amnicola / East Chattanooga; 7% 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.