April 2024

Coalmont Housing Market Report Grundy County, Tennessee

Report Updated 4 Days Ago

Is Coalmont, 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, Coalmont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Coalmont, TN

How much do homes in Coalmont, TN cost?

Median Sold Price

$425,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$173,500(+69.0%)

Key Takeaway

Homes in Coalmont have sold for 69% more than they did a year ago.

Summary: The median home sold price in Coalmont was $425,000 in April 2024, up 69% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$159.9K	-	N/A
3 Bedrooms	$251.5K	$435K	+73.0%
4 Bedrooms	$685K	$145K	-78.8%
5+ Bedrooms	-	-	N/A

Summary: Coalmont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 73%, 4 bedroom homes decreased by 78.8%, and 5+ bedroom homes did not change.

Housing Supply in Coalmont, TN

How many homes are available in Coalmont, TN?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
4	6	+50.0%

Summary: The Coalmont real estate market had 6 homes for sale in April 2024, a 50.0% increase 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	2	2	0.0%
3 Bedrooms	2	4	+100.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Coalmont 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024	Apr 2024	CHANGE
0	2	+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Coalmont, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Coalmont in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Coalmont, TN

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

Average Sale Time

Apr 2023	Apr 2024	CHANGE
85 Days	9 Days	-89.4%

Summary: Homes in Coalmont had an average of 9 days on market in Apr 2024, down by 89.4% 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 Coalmont are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Coalmont; 50% 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.

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

Report Updated 4 Days Ago

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Newest Listings in Coalmont, TN

What homes are available in Coalmont, TN?

See More Listings

$595,000

$7,066 Closing Credit

2,035 SqFt

1215 Company Farm Rd, Coalmont TN, 37313

Listing Office:

Tennessee Mountain Properties

$595,000

$7,066 Closing Credit

2,035 SqFt

1215 Company Farm Rd, Coalmont TN, 37313

Angel Griser

Listing Office:

Tennessee Mountain Properties

$149,000

Land

5.11 Acres

0 N Rim Dr, Coalmont TN, 37313

David Holloway

Listing Office:

Ten Oaks Real Estate

$154,900

Land

5.63 Acres

916 N Rim Dr, Coalmont TN, 37313

John Michael Peck

Listing Office:

Century 21 Prestige Winchester

$259,000

$3,076 Closing Credit

1,272 SqFt

1732 Colony Rd, Coalmont TN, 37313

Vicky Spellings

Listing Office:

Advantage Realty Partners

$2,394,000

Land

798.00 Acres

0 Sr 108th Tn, Coalmont TN, 37313

Listing Office:

IBIS Real Estate Co

$62,900

Land

9.05 Acres

9 Savage Highland Dr, Coalmont TN, 37313

Angel Griser

Listing Office:

Tennessee Mountain Properties

$62,900

Land

9.05 Acres

9 Savage Highland Dr Unit Sw1M, Coalmont TN, 37313

Listing Office:

Tennessee Mountain Properties

$57,000

Land

3.57 Acres

0 Savage Highland Dr, Coalmont TN, 37313

John Farr

Listing Office:

Reliant Realty ERA Powered

$57,000

Land

3.61 Acres

0 Savage Highland Dr, Coalmont TN, 37313

John Farr

Listing Office:

Reliant Realty ERA Powered

Nearby Markets to Coalmont, TN

What housing markets are near Coalmont, TN?

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Chattanooga MLS / Multiple Listing Service of Chattanooga Inc. for the period 05/01/2022 - 05/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX © 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:18:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.