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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunlap is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Dunlap has remained a Seller's Market.

Key Takeaway

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

How much do homes in Dunlap, TN cost?

Median Sold Price

$189,900

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$19,900(+11.7%)

Key Takeaway

Homes in Dunlap have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$287.5K
N/A
2 $94.5K$119.7K
+26.7%
3 $173K$189K
+9.2%
4 $252.4K$437.5K
+73.3%
5+ $372K$1.3M
+249.5%

How many homes are available in Dunlap, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
3032+6.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 78
+14.3%
3 1919
0.0%
4 34
+33.3%
5+ 11
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunlap, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

About Dunlap, TN

Number of homes for sale in Dunlap, TN real estate market have reached 32. The inventory of homes for sale in Dunlap, TN between July 2022 and August 2022 increased by 6.7%. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 26.7%, prices of 3 bedrooms properties went up by 9.2%, 4 bedrooms properties became 73.3% more expensive, the cost of 5 bedrooms properties went up by 249.5%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 14.3%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 33.3% more available, volume of 5 bedrooms homes stayed the same. Dunlap, TN housing market in August 2022 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.