Is Kodak, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Kodak has remained a Seller's Market.
Key Takeaway
Kodak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kodak, TN
How much do homes in Kodak, TN cost?
Median Sold Price
$388,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Kodak have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Kodak was $388,500 in November 2023, up 7.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $244.7K | $259K | +5.8% |
| 3 Bedrooms | $365K | $377.4K | +3.4% |
| 4 Bedrooms | $342.5K | $539K | +57.4% |
| 5+ Bedrooms | $507K | $409.5K | -19.2% |
Summary: Kodak housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 57.4%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Strawberry Plains | $285K | $325K | +14.0% |
| Sevierville | $432.5K | $483.8K | +11.9% |
| Kodak | $360K | $388.5K | +7.9% |
Housing Supply in Kodak, TN
How many homes are available in Kodak, TN?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 37 | 31 | -16.2% |
Summary: The Kodak real estate market had 31 homes for sale in November 2023, a 16.2% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kodak housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
3 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 Kodak, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kodak in November 2023, down by 53.8% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
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.