March 2024

Taft Housing Market Report Lincoln County, Tennessee

Report Updated 24 Days Ago

Housing Prices in Taft, TN

How much do homes in Taft, TN cost?

Median List Price

$292,500

$190/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$144,950(-33.1%)

Key Takeaway

The list price of homes in Taft has decreased by 33.1% since last year.

Summary: The median home list price in Taft was $292,500 in March 2024, down 33.1% from the previous year, and the median price per square foot was $190.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	$249.9K	N/A
2 Bedrooms	$135K	$227.5K	+68.5%
3 Bedrooms	$395K	$285K	-27.8%
4 Bedrooms	$450K	$397.4K	-11.7%
5+ Bedrooms	$2.1M	-	N/A

Summary: Taft housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68.5%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Ardmore	$294.5K	$294.9K	0.1%
Taft	$437.4K	$292.5K	-33.1%

Housing Supply in Taft, TN

How many homes are available in Taft, TN?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
3	7	+133.3%

Summary: The Taft real estate market had 7 homes for sale in March 2024, a 133.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	2	+100.0%
3 Bedrooms	1	4	+300.0%
4 Bedrooms	1	1	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Taft 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 increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Taft, TN

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

Average Listing Age

Mar 2023	Mar 2024	CHANGE
210 Days	28 Days	-86.4%

Summary: Homes in Taft had an average listing age of 28 days in Mar 2024, down by 86.4% compared to the previous year.

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

Report Updated 24 Days Ago

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Newest Listings in Taft, TN

What homes are available in Taft, TN?

See More Listings

$139,900

Land

5.10 Acres

0 Old Railroad Bed Rd, Taft TN, 38488

Whitney Brazier

Listing Office:

Burt & Co. Southern Real Estate

$69,000

Land

1.50 Acres

0 Old Railroad Bed Rd, Taft TN, 38488

Whitney Brazier

Listing Office:

Burt & Co. Southern Real Estate

$147,300

Land

9.82 Acres

0 Spring Valley Rd, Taft TN, 38488

Patricia West

Listing Office:

Real Estate Alliance, Inc. dba RE/MAX Alliance

Backup Offers

$108,000

Land

5.10 Acres

0 Old Railroad Bed Rd, Taft TN, 38488

Whitney Brazier

Listing Office:

Burt & Co. Southern Real Estate

$119,400

Land

7.96 Acres

0 Spring Valley Rd, Taft TN, 38488

Patricia West

Listing Office:

Real Estate Alliance, Inc. dba RE/MAX Alliance

$225,000

$2,672 Closing Credit

1,366 SqFt

211 Jones Rd, Taft TN, 38488

Brooke Rozell

Listing Office:

Capstone Realty

$499,999

Land

52.27 Acres

66 Thompson Hollow Rd, Taft TN, 38488

Anna Morris

Listing Office:

RE/MAX Unlimited

$609,900

$7,243 Closing Credit

3,746 SqFt

22 Boone Rd, Taft TN, 38488

Jay Butler

Listing Office:

Butler Realty

$300,000

$3,563 Closing Credit

980 SqFt

93 Blair Hollow Rd, Taft TN, 38488

Alyssa Roland / The TNT Group

Listing Office:

RE/MAX Celebration

Backup Offers

$275,000

$3,266 Closing Credit

1,285 SqFt

59 Robertson Hollow Rd, Taft TN, 38488

Chance Toon | The TNT Group

Listing Office:

RE/MAX Celebration

$685,000

$8,134 Closing Credit

1,578 SqFt

134 Coldwater Creek Rd, Taft TN, 38488

Patricia West

Listing Office:

Real Estate Alliance, Inc. dba RE/MAX Alliance

$739,000

$8,776 Closing Credit

2,377 SqFt

781 Ardmore Hwy, Taft TN, 38488

Jessica Wright

Listing Office:

Crye-Leike Realtors

Nearby Markets to Taft, TN

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX © 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 12:48:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.