How much do homes in Farragut, TN cost?

Median List Price

$514,588

Based on all homes listed in the last 12 months.

Difference Since September 2020

+$74,193(+16.8%)

Key Takeaway

The list price of homes in Farragut has increased by 16.8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $125K$169.9K+35.9%
2 $224.9K$229.9K+2.2%
3 $362.4K$352.5K-2.7%
4 $450K$521.3K+15.8%
5+ $589.9K$697.2K+18.2%

Median List Price Compared To Nearby Cities

Farragut
+16.8%
Knoxville
+15.2%

How many homes are available in Farragut, TN?

Number of Homes For Sale

Aug 2021Sep 2021%
12390-26.8%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 10-100.0%
2 21-50.0%
3 2521-16.0%
4 6652-21.2%
5+ 2916-44.8%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Sep 2020Sep 2021%
109 Days47 Days-56.4%

About Farragut, TN

Number of homes for sale in Farragut, TN real estate market have reached 90. Between August 2021 and September 2021, Farragut, TN real estate market has seen decrease in the number of listings by 26.8%. Listings spent 47 days on the market in September 2021, and had a median list price of $514,588 during the same period. From August 2021 through September 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 35.9%, 2 bedrooms properties prices increased by 2.2%, 3 bedrooms properties prices decreased by 2.7%, the cost of 4 bedrooms properties went up by 15.8%, the cost of 5 bedrooms properties went up by 18.2%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went down by 100%, number of 2 bedrooms homes decreased by 50%, 3 bedrooms homes inventory decreased by 16%, 4 bedrooms homes inventory decreased by 21.2%, 5 bedrooms homes inventory decreased by 44.8%. Over 10 listings were sold over their listed price in September 2021 in Farragut, TN. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price.

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