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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atoka is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Atoka has remained a Seller's Market.

Key Takeaway

Atoka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atoka, TN

How much do homes in Atoka, TN cost?

Median Sold Price

$342,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

-$33,000(-8.8%)

Key Takeaway

Homes in Atoka have sold for 8.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$332.5K
+9.0%
4 $385K$346K
-10.1%
5+ $526.7K$349.7K
-33.6%

Summary: Atoka housing prices by bedroom type for March 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 increased by 9%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Atoka
-8.8%
Brighton
-17.7%
Drummonds
-50.8%

Housing Supply in Atoka, TN

How many homes are available in Atoka, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4448+9.1%

Summary: The Atoka real estate market had 48 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1720
+17.6%
4 2124
+14.3%
5+ 53
-40.0%

Summary: The Atoka 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 remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atoka, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Atoka in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 9% were sold under asking, 36% were sold at asking, and 55% were sold over asking.

Days on Market for Atoka, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Atoka, TN

Nearby Markets to Atoka, TN