Is Maryville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Maryville has remained a Seller's Market.

Key Takeaway

Maryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maryville, TN

How much do homes in Maryville, TN cost?

Median Sold Price

$374,963

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$24,913(+7.1%)

Key Takeaway

Homes in Maryville have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Maryville was $374,963 in April 2024, up 7.1% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $146.9K$315K
+114.4%
2 $220K$252.5K
+14.8%
3 $344.5K$369.6K
+7.3%
4 $475K$516.3K
+8.7%
5+ $592.5K$550K
-7.2%

Summary: Maryville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.4%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Maryville
+7.1%
Alcoa
+4.5%

Housing Supply in Maryville, TN

How many homes are available in Maryville, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
361365+1.1%

Summary: The Maryville real estate market had 365 homes for sale in April 2024, a 1.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 4645
-2.2%
3 208223
+7.2%
4 7564
-14.7%
5+ 2930
+3.4%

Summary: The Maryville 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 decreased by 2.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes increased by 3.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
9897-1.0%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryville, you may be able to get a good deal. 42.7% of homes here sold below asking price last month.

Summary: A total of 97 homes were sold or pending in Maryville in April 2024, down by 1.0% month-over-month. Of the 96 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.

Days on Market for Maryville, TN

How long does it take to sell a home in Maryville, TN?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days32 Days-7.8%

Summary: Homes in Maryville had an average of 32 days on market in Apr 2024, down by 7.8% compared to last year.

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maryville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 97 homes were sold in Maryville; 69% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Maryville, TN

Nearby Markets to Maryville, TN

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