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

Housing Market Conditions



Gauge showing Baxter is a buyer's market


Difference Since May 2022

Since last year, Baxter has remained a Buyer's Market.

Key Takeaway

Baxter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Baxter, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Baxter have sold for 8.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $52.5K-
2 $322.9K$206.1K
3 $270K$303.5K
4 $330K$326.9K
5+ $323.2K$369.9K

How many homes are available in Baxter, TN?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 13
3 1717
4 21
5+ 33

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

3 Homes Were 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 Baxter, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
2 Days51 Days+1940.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Baxter, TN

There are 24 homes are for sale in Baxter, TN real estate market. The number of listings in Baxter, TN increased by 4.3% between April 2023 and May 2023. In May 2023 median list price was $310,297 and the average listing age was 51 days. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 36.2%, 3 bedrooms properties prices increased by 12.4%, 4 bedrooms properties became 0.9% more cheaper, prices of 5 bedrooms properties increased by 14.5%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 200%, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 50% less available, 5 bedrooms homes inventory did not change. In May 2023 more than 0 listings in Baxter, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below.