Is Tracy City, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tracy City is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Tracy City was a Seller's Market.

Key Takeaway

Tracy City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tracy City, TN

How much do homes in Tracy City, TN cost?

Median Sold Price

$148,000

$86/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$102,000(-40.8%)

Key Takeaway

Homes in Tracy City have sold for 40.8% less than they did a month ago.

Summary: The median home sold price in Tracy City was $148,000 in April 2024, down 40.8% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $228K-
N/A
2 $255K-
N/A
3 $230K$148K
-35.7%
4 $250K-
N/A
5+ $420K-
N/A

Summary: Tracy City housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tracy City, TN

How many homes are available in Tracy City, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2725-7.4%

Summary: The Tracy City real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 1010
0.0%
3 77
0.0%
4 66
0.0%
5+ 10
-100.0%

Summary: The Tracy City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
51-80.0%

Days on Market for Tracy City, TN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days30 Days+126.4%

Summary: Homes in Tracy City had an average of 30 days on market in Apr 2024, up by 126.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tracy City has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Tracy City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

Newest Listings in Tracy City, TN

Nearby Markets to Tracy City, TN

What housing markets are near Tracy City, TN?