$975,000
1,555 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Signature
September 2024
Report Updated 30 Days Ago
Is La Follette, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, La Follette was a Seller's Market.
How much do homes in La Follette, TN cost?
$249,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in La Follette was $249,000 in September 2024, up 17.3% from last year, and the median price per square foot was $176.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104.4K | $115K | +10.2% |
2 Bedrooms | $146K | $180K | +23.3% |
3 Bedrooms | $213K | $248.5K | +16.7% |
4 Bedrooms | $274K | $450K | +64.2% |
5+ Bedrooms | $890K | $975K | +9.6% |
Summary: La Follette housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 64.2%, and 5+ bedroom homes increased by 9.6%.
La Follette | $212.2K | $249K | +17.3% |
Jacksboro | $265K | $299.5K | +13.0% |
How many homes are available in La Follette, TN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
116 | 122 | +5.2% |
Summary: The La Follette real estate market had 122 homes for sale in September 2024, a 5.2% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 23 | 19 | -17.4% |
3 Bedrooms | 62 | 69 | +11.3% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The La Follette housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
23 | 12 | -47.8% |
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in La Follette in September 2024, down by 47.8% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in La Follette, TN?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
40 Days | 51 Days | +27.7% |
Summary: Homes in La Follette had an average of 51 days on market in Sep 2024, up by 27.7% compared to last year.
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During September 2024, 12 homes were sold in La Follette; 67% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 25% 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 30 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from East Tennessee REALTORS® MLS, and Tennessee Virginia Regional MLS for the period 10/01/2022 - 10/01/2024
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.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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