Housing Prices in Roan Mountain, TN

How much do homes in Roan Mountain, TN cost?

Median List Price

$438,000

$207/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$129,045(+41.8%)

Key Takeaway

The list price of homes in Roan Mountain has increased by 41.8% since last year.

Summary: The median home list price in Roan Mountain was $438,000 in March 2024, up 41.8% from the previous year, and the median price per square foot was $207.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $253.7K$239K
-5.8%
2 $289.9K$462K
+59.4%
3 $328.2K$374.9K
+14.2%
4 $299.9K$552.4K
+84.2%
5+ $492K$530.9K
+7.9%

Summary: Roan Mountain housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 59.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 84.2%, and 5+ bedroom homes increased by 7.9%.

Median List Price Compared To Nearby Cities

Roaring Creek Township
+119.7%
Roan Mountain
+41.8%
Hampton
+15.5%
Harrell Township
+3.2%

Housing Supply in Roan Mountain, TN

How many homes are available in Roan Mountain, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1517+13.3%

Summary: The Roan Mountain real estate market had 17 homes for sale in March 2024, a 13.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 24
+100.0%
3 98
-11.1%
4 22
0.0%
5+ 11
0.0%

Summary: The Roan Mountain housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Roan Mountain, TN

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

Average Listing Age

Mar 2023Mar 2024CHANGE
102 Days143 Days+40.2%

Summary: Homes in Roan Mountain had an average listing age of 143 days in Mar 2024, up by 40.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Roan Mountain, TN

Nearby Markets to Roan Mountain, TN

What housing markets are near Roan Mountain, TN?