Is Clarkrange, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clarkrange has remained a Seller's Market.
Housing Prices in Clarkrange, TN
How much do homes in Clarkrange, TN cost?
Median Sold Price
$268,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clarkrange was $268,000 in April 2024, up 20.5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $178K | N/A |
2 Bedrooms | $210K | $159.9K | -23.9% |
3 Bedrooms | $240K | $274K | +14.2% |
4 Bedrooms | $220.2K | $395.9K | +79.8% |
5+ Bedrooms | $218K | $237K | +8.7% |
Summary: Clarkrange 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 decreased by 23.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 79.8%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Clarkrange | $222.4K | $268K | +20.5% |
Grimsley | $318K | $294.5K | -7.4% |
Housing Supply in Clarkrange, TN
How many homes are available in Clarkrange, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 37 | +42.3% |
Summary: The Clarkrange real estate market had 37 homes for sale in April 2024, a 42.3% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 20 | 29 | +45.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clarkrange 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 increased by 50%, 3 bedroom homes increased by 45%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Clarkrange in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Clarkrange, TN
How long does it take to sell a home in Clarkrange, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 33 Days | -31.1% |
Summary: Homes in Clarkrange had an average of 33 days on market in Apr 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Clarkrange; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.