Is Tallassee, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Tallassee was a Neutral Market.
Housing Prices in Tallassee, TN
How much do homes in Tallassee, TN cost?
Median Sold Price
$542,000
$354/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Tallassee was $542,000 in April 2024, up 80.7% from last month, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $359K | N/A |
3 Bedrooms | - | $725K | N/A |
4 Bedrooms | $300K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Tallassee housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Tallassee, TN
How many homes are available in Tallassee, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Tallassee real estate market had 6 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 | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tallassee 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 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Tallassee in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tallassee, TN
How long does it take to sell a home in Tallassee, TN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 62 Days | +184.1% |
Summary: Homes in Tallassee had an average of 62 days on market in Apr 2024, up by 184.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Tallassee; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.