Is Dunlap, 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, Dunlap has remained a Seller's Market.
Housing Prices in Dunlap, TN
How much do homes in Dunlap, TN cost?
Median Sold Price
$282,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dunlap was $282,500 in April 2024, up 13.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $176.5K | $212.5K | +20.4% |
2 Bedrooms | $139K | $299.9K | +115.8% |
3 Bedrooms | $255K | $262.5K | +2.9% |
4 Bedrooms | $338K | $462.5K | +36.8% |
5+ Bedrooms | $800K | $517.5K | -35.3% |
Summary: Dunlap housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 115.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 35.3%.
Housing Supply in Dunlap, TN
How many homes are available in Dunlap, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 70 | +16.7% |
Summary: The Dunlap real estate market had 70 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 38 | 42 | +10.5% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Dunlap housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Dunlap in April 2024, up by 41.7% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for Dunlap, TN
How long does it take to sell a home in Dunlap, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
118 Days | 36 Days | -69.3% |
Summary: Homes in Dunlap had an average of 36 days on market in Apr 2024, down by 69.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Dunlap; 12% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.