Is Sequoyah Hills, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sequoyah Hills has remained a Seller's Market.
Housing Prices in Sequoyah Hills, TN
How much do homes in Sequoyah Hills, TN cost?
Median Sold Price
$650,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sequoyah Hills was $650,000 in April 2024, up 8.3% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $168.8K | +8.9% |
2 Bedrooms | $259K | $257K | -0.8% |
3 Bedrooms | $683.7K | $722K | +5.6% |
4 Bedrooms | $1.1M | $925K | -19.5% |
5+ Bedrooms | $1.5M | $1.9M | +26.5% |
Summary: Sequoyah Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 26.5%.
Housing Supply in Sequoyah Hills, TN
How many homes are available in Sequoyah Hills, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The Sequoyah Hills real estate market had 21 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sequoyah Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sequoyah Hills in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Sequoyah Hills, TN
How long does it take to sell a home in Sequoyah Hills, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 8 Days | -34.3% |
Summary: Homes in Sequoyah Hills had an average of 8 days on market in Apr 2024, down by 34.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Sequoyah Hills; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.