Is Amnicola / East Chattanooga, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Amnicola / East Chattanooga has remained a Seller's Market.
Housing Prices in Amnicola / East Chattanooga, TN
How much do homes in Amnicola / East Chattanooga, TN cost?
Median Sold Price
$190,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Amnicola / East Chattanooga was $190,000 in May 2024, up 3% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $165K | +106.3% |
2 Bedrooms | $102K | $103K | +1.0% |
3 Bedrooms | $191K | $208K | +8.9% |
4 Bedrooms | $231.7K | $245K | +5.7% |
5+ Bedrooms | $161K | $419.5K | +160.6% |
Summary: Amnicola / East Chattanooga housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.3%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 160.6%.
Median Sold Price Compared To Nearby Neighborhoods
Glass Farms | $178.5K | $195K | +9.2% |
Amnicola / East Chattanooga | $184.5K | $190K | +3.0% |
Housing Supply in Amnicola / East Chattanooga, TN
How many homes are available in Amnicola / East Chattanooga, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 55 | -6.8% |
Summary: The Amnicola / East Chattanooga real estate market had 55 homes for sale in May 2024, a 6.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Amnicola / East Chattanooga housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Amnicola / East Chattanooga in May 2024, down by 35.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.
Days on Market for Amnicola / East Chattanooga, TN
How long does it take to sell a home in Amnicola / East Chattanooga, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +6.7% |
Summary: Homes in Amnicola / East Chattanooga had an average of 16 days on market in May 2024, up by 6.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Amnicola / East Chattanooga; 9% 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.