Is Walden / Mowbray / Flat Top Mountain, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Walden / Mowbray / Flat Top Mountain has remained a Seller's Market.
Housing Prices in Walden / Mowbray / Flat Top Mountain, TN
How much do homes in Walden / Mowbray / Flat Top Mountain, TN cost?
Median Sold Price
$644,439
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Walden / Mowbray / Flat Top Mountain was $644,439 in March 2024, up 13.1% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $510K | N/A |
2 Bedrooms | $225K | $325K | +44.4% |
3 Bedrooms | $430K | $425K | -1.2% |
4 Bedrooms | $725K | $820K | +13.1% |
5+ Bedrooms | $775K | $899.9K | +16.1% |
Summary: Walden / Mowbray / Flat Top Mountain 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 44.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Neighborhoods
Mountain Creek / Moccasin Bend | $284.4K | $360K | +26.6% |
Walden / Mowbray / Flat Top Mountain | $569.7K | $644.4K | +13.1% |
Bakewell | $396.6K | $391.2K | -1.4% |
Falling Water / Browntown | $395K | $343.4K | -13.0% |
Housing Supply in Walden / Mowbray / Flat Top Mountain, TN
How many homes are available in Walden / Mowbray / Flat Top Mountain, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 44 | -2.2% |
Summary: The Walden / Mowbray / Flat Top Mountain real estate market had 44 homes for sale in March 2024, a 2.2% decrease 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 | 4 | +300.0% |
3 Bedrooms | 11 | 17 | +54.5% |
4 Bedrooms | 28 | 19 | -32.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Walden / Mowbray / Flat Top Mountain 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 300%, 3 bedroom homes increased by 54.5%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Walden / Mowbray / Flat Top Mountain in March 2024, down by 38.5% month-over-month. Of the 8 sold homes, 0% were sold under asking, 63% were sold at asking, and 38% were sold over asking.
Days on Market for Walden / Mowbray / Flat Top Mountain, TN
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Walden / Mowbray / Flat Top Mountain; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.