Is Blaine, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Blaine was a Buyer's Market.
Housing Prices in Blaine, TN
How much do homes in Blaine, TN cost?
Median Sold Price
$477,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blaine was $477,500 in April 2024, up 66.1% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $429.9K | N/A |
2 Bedrooms | $75K | $455.6K | +507.5% |
3 Bedrooms | $291.2K | $426.1K | +46.3% |
4 Bedrooms | $352K | $779K | +121.3% |
5+ Bedrooms | $350K | $850K | +142.9% |
Summary: Blaine 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 increased by 507.5%, 3 bedroom homes increased by 46.3%, 4 bedroom homes increased by 121.3%, and 5+ bedroom homes increased by 142.9%.
Median Sold Price Compared To Nearby Cities
Blaine | $287.5K | $477.5K | +66.1% |
Corryton | $295K | $309.3K | +4.9% |
Housing Supply in Blaine, TN
How many homes are available in Blaine, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Blaine real estate market had 19 homes for sale in April 2024, a 5.0% decrease 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 | 6 | 6 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Blaine 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Blaine in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Blaine, TN
How long does it take to sell a home in Blaine, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 61 Days | +374.4% |
Summary: Homes in Blaine had an average of 61 days on market in Apr 2024, up by 374.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Blaine; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.