Is Chuckey, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chuckey has remained a Seller's Market.
Key Takeaway
Chuckey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chuckey, TN
How much do homes in Chuckey, TN cost?
Median Sold Price
$269,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Chuckey have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Chuckey was $269,900 in March 2024, up 8.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $220.5K | -25.3% |
| 2 Bedrooms | $177.4K | $177K | -0.3% |
| 3 Bedrooms | $244.8K | $273K | +11.5% |
| 4 Bedrooms | $305.5K | $342.6K | +12.2% |
| 5+ Bedrooms | $450K | $475K | +5.6% |
Summary: Chuckey housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.3%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Limestone | $230K | $299.9K | +30.4% |
| Afton | $220K | $265K | +20.5% |
| Greeneville | $240.2K | $263.5K | +9.7% |
| Chuckey | $248.3K | $269.9K | +8.7% |
| Fall Branch | $287.5K | $287.7K | 0.1% |
Housing Supply in Chuckey, TN
How many homes are available in Chuckey, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The Chuckey real estate market had 40 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chuckey 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 60%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chuckey, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Chuckey in March 2024, up by 62.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for Chuckey, TN
How long does it take to sell a home in Chuckey, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 141 Days | +121.3% |
Summary: Homes in Chuckey had an average of 141 days on market in Mar 2024, up by 121.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chuckey has remained consistent over time.
Summary: During March 2024, 13 homes were sold in Chuckey; 8% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
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.