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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tallassee is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tallassee has remained a Seller's Market.

Key Takeaway

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

How much do homes in Tallassee, TN cost?

Median Sold Price

$232,500

$294/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$97,550(+72.3%)

Key Takeaway

Homes in Tallassee have sold for 72.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 $134.9K$275K
+103.8%
2 -$190K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

How many homes are available in Tallassee, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
45+25.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 21
-50.0%
2 01
+100.0%
3 00
0.0%
4 23
+50.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallassee, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

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

About Tallassee, TN

Homes for sale in Tallassee, TN have reached 5. In April 2022 in Tallassee, TN there were 25% more homes for sale than in March 2022. From April 2021 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 103.8%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 50% less available, the quantity of 2 bedrooms homes went up by 100%, 3 bedrooms homes did not move, 4 bedrooms homes inventory increased by 50%, 5 bedrooms homes did not move. While more than 1 listings in Tallassee, TN in April 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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