Is Apison, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Apison was a Seller's Market.
Housing Prices in Apison, TN
How much do homes in Apison, TN cost?
Median Sold Price
$539,900
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Apison was $539,900 in March 2024, up 7.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $65K | N/A |
2 Bedrooms | $230K | $176K | -23.5% |
3 Bedrooms | $425K | $448.2K | +5.5% |
4 Bedrooms | $515K | $594.5K | +15.4% |
5+ Bedrooms | $600K | $650K | +8.3% |
Summary: Apison housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
East Brainerd | $375K | $420.6K | +12.2% |
Apison | $503K | $539.9K | +7.3% |
Ooltewah / Summit | $420.1K | $441.9K | +5.2% |
Westview / Mountain Shadows | $390K | $400K | +2.6% |
Housing Supply in Apison, TN
How many homes are available in Apison, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 104 | +31.6% |
Summary: The Apison real estate market had 104 homes for sale in March 2024, a 31.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 39 | 48 | +23.1% |
5+ Bedrooms | 14 | 23 | +64.3% |
Summary: The Apison housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 64.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 17 | +88.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Apison in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 41% were sold under asking, 41% were sold at asking, and 18% were sold over asking.
Days on Market for Apison, TN
How long does it take to sell a home in Apison, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 93 Days | +73.0% |
Summary: Homes in Apison had an average of 93 days on market in Mar 2024, up by 73% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Apison; 12% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.