Is Soddy-Daisy, 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, Soddy-Daisy has remained a Seller's Market.
Key Takeaway
Soddy-Daisy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Soddy-Daisy, TN
How much do homes in Soddy-Daisy, TN cost?
Median Sold Price
$325,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Soddy-Daisy have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in Soddy-Daisy was $325,000 in April 2024, up 17.3% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258.5K | $77.5K | -70.0% |
| 2 Bedrooms | $194.9K | $209K | +7.2% |
| 3 Bedrooms | $279.9K | $349.4K | +24.8% |
| 4 Bedrooms | $442.3K | $425K | -3.9% |
| 5+ Bedrooms | $375K | $675K | +80.0% |
Summary: Soddy-Daisy housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 80%.
Median Sold Price Compared To Nearby Cities
| Soddy-Daisy | $277K | $325K | +17.3% |
| Chattanooga | $314.5K | $327.2K | +4.0% |
Housing Supply in Soddy-Daisy, TN
How many homes are available in Soddy-Daisy, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Soddy-Daisy real estate market had 43 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Soddy-Daisy 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 28.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Soddy-Daisy, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Soddy-Daisy in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Soddy-Daisy, TN
How long does it take to sell a home in Soddy-Daisy, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Days | 21 Days | +1300.0% |
Summary: Homes in Soddy-Daisy had an average of 21 days on market in Apr 2024, up by 1300% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Soddy-Daisy are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Soddy-Daisy; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.