$49,900
1.36 Acres
Land
Listing Office: Realty Executives Associates
September 2024
Report Updated 30 Days Ago
Is New Tazewell, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, New Tazewell has remained a Neutral Market.
How much do homes in New Tazewell, TN cost?
$280,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in New Tazewell was $280,000 in September 2024, down 3.4% from last year, and the median price per square foot was $172.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $55K | N/A |
2 Bedrooms | $295K | $223K | -24.4% |
3 Bedrooms | $279.5K | $255K | -8.8% |
4 Bedrooms | $371K | $545K | +46.9% |
5+ Bedrooms | $295K | $605K | +105.1% |
Summary: New Tazewell housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.4%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes increased by 105.1%.
Tazewell | $198.5K | $216.8K | +9.3% |
New Tazewell | $290K | $280K | -3.4% |
How many homes are available in New Tazewell, TN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
50 | 47 | -6.0% |
Summary: The New Tazewell real estate market had 47 homes for sale in September 2024, a 6.0% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 32 | 33 | +3.1% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The New Tazewell 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 40%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in New Tazewell in September 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
How long does it take to sell a home in New Tazewell, TN?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
187 Days | 71 Days | -61.8% |
Summary: Homes in New Tazewell had an average of 71 days on market in Sep 2024, down by 61.8% compared to last year.
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During September 2024, 7 homes were sold in New Tazewell; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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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MLS 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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