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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Maryville has remained a Seller's Market.

Key Takeaway

Maryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maryville, TN

How much do homes in Maryville, TN cost?

Median Sold Price

$370,753

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,753(+5.9%)

Key Takeaway

Homes in Maryville have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Maryville was $370,753 in March 2024, up 5.9% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $146.9K$300K
+104.2%
2 $220K$250K
+13.6%
3 $342.5K$367.4K
+7.3%
4 $479.4K$519.9K
+8.4%
5+ $550K$620K
+12.7%

Summary: Maryville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 104.2%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Maryville
+5.9%
Alcoa
+5.3%

Housing Supply in Maryville, TN

How many homes are available in Maryville, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
343330-3.8%

Summary: The Maryville real estate market had 330 homes for sale in March 2024, a 3.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 4242
0.0%
3 201187
-7.0%
4 7271
-1.4%
5+ 2527
+8.0%

Summary: The Maryville housing inventory by bedroom type for March 2024 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 7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
9284-8.7%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in Maryville in March 2024, down by 8.7% month-over-month. Of the 84 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Maryville, TN

How long does it take to sell a home in Maryville, TN?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days38 Days+3.3%

Summary: Homes in Maryville had an average of 38 days on market in Mar 2024, up by 3.3% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maryville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 84 homes were sold in Maryville; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% 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 24 Days Ago

Newest Listings in Maryville, TN

Nearby Markets to Maryville, TN

What housing markets are near Maryville, TN?