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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kodak is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Kodak, TN

How much do homes in Kodak, TN cost?

Median Sold Price

$402,500

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$47,500(+13.4%)

Key Takeaway

Homes in Kodak have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Kodak was $402,500 in February 2024, up 13.4% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $291.7K$232.5K
-20.3%
3 $365K$385K
+5.5%
4 $315K$661.8K
+110.1%
5+ $507K$500K
-1.4%

Summary: Kodak housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 110.1%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Cities

Strawberry Plains
+24.7%
Kodak
+13.4%
Sevierville
+2.9%

Housing Supply in Kodak, TN

How many homes are available in Kodak, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2129+38.1%

Summary: The Kodak real estate market had 29 homes for sale in February 2024, a 38.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1522
+46.7%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Kodak housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 Kodak, 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 Kodak in February 2024, down by 33.3% 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 Kodak, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 27 Days Ago

Newest Listings in Kodak, TN

Nearby Markets to Kodak, TN

What housing markets are near Kodak, TN?