Is Bluff City, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bluff City was a Seller's Market.
Housing Prices in Bluff City, TN
How much do homes in Bluff City, TN cost?
Median Sold Price
$273,750
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bluff City was $273,750 in April 2024, down 3.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $300K | N/A |
2 Bedrooms | $143.5K | $180K | +25.4% |
3 Bedrooms | $282.5K | $268K | -5.1% |
4 Bedrooms | $382K | $475.9K | +24.6% |
5+ Bedrooms | $490K | $510K | +4.1% |
Summary: Bluff City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Bristol | $221.9K | $229K | +3.2% |
Bluff City | $282.5K | $273.7K | -3.1% |
Piney Flats | $428.2K | $384.1K | -10.3% |
Housing Supply in Bluff City, TN
How many homes are available in Bluff City, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 42 | +13.5% |
Summary: The Bluff City real estate market had 42 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bluff City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bluff City in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Bluff City, TN
How long does it take to sell a home in Bluff City, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 51 Days | +19.3% |
Summary: Homes in Bluff City had an average of 51 days on market in Apr 2024, up by 19.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Bluff 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.