Is Loudon, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
Since last year, Loudon has remained a Seller's Market.
Key Takeaway
Loudon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Loudon, TN cost?
Median Sold Price
$215,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
+$15,100(+7.6%)
Key Takeaway
Homes in Loudon have sold for 7.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $122.3K | $160K | +30.8% |
| 3 Bedrooms | $199.9K | $229.5K | +14.8% |
| 4 Bedrooms | $237.5K | $390K | +64.2% |
| 5+ Bedrooms | $395K | $1.3M | +251.3% |
How many homes are available in Loudon, TN?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 45 | 48 | +6.7% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 20 | -4.8%  |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loudon, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
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. 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. 