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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corryton is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Corryton, TN

How much do homes in Corryton, TN cost?

Median Sold Price

$309,347

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,347(+4.9%)

Key Takeaway

Homes in Corryton have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Corryton was $309,347 in April 2024, up 4.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $251.5K-
N/A
2 $250K$190K
-24.0%
3 $281.5K$299.9K
+6.5%
4 $352K$363K
+3.1%
5+ $338.6K$340.5K
+0.6%

Summary: Corryton 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 decreased by 24%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Blaine
+66.1%
Corryton
+4.9%

Housing Supply in Corryton, TN

How many homes are available in Corryton, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6251-17.7%

Summary: The Corryton real estate market had 51 homes for sale in April 2024, a 17.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 4038
-5.0%
4 115
-54.5%
5+ 42
-50.0%

Summary: The Corryton 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 14.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corryton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Corryton in April 2024, down by 25.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Corryton, TN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days25 Days+49.6%

Summary: Homes in Corryton had an average of 25 days on market in Apr 2024, up by 49.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 18 homes were sold in Corryton; 78% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 17% 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 9 Days Ago

Newest Listings in Corryton, TN

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