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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vonore is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Vonore was a Seller's Market.

Key Takeaway

Vonore is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Vonore, TN cost?

Median Sold Price

$408,400

$199/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$51,350(-11.2%)

Key Takeaway

Homes in Vonore have sold for 11.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $80K-
N/A
3 $244.5K-
N/A
4 $725K$408.4K
-43.7%
5+ $675K-
N/A

How many homes are available in Vonore, TN?

Number of Homes For Sale

Oct 2022Nov 2022%
117-36.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 10
-100.0%
3 65
-16.7%
4 32
-33.3%
5+ 10
-100.0%

Number of Homes Sold

Oct 2022Nov 2022%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vonore, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

About Vonore, TN

Vonore, TN has 7 homes on the market. The number of homes for sale in Vonore, TN decreased by 36.4% between October 2022 and November 2022. Between November 2021 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties decreased by 43.7%, 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: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 100%, number of 3 bedrooms homes decreased by 16.7%, volume of 4 bedrooms homes went down by 33.3%, 5 bedrooms homes became 100% less available. Over 0 listings were sold over their listed price in November 2022 in Vonore, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.