Is Oneida, 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, Oneida was a Seller's Market.
Housing Prices in Oneida, TN
How much do homes in Oneida, TN cost?
Median Sold Price
$212,500
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oneida was $212,500 in April 2024, up 6.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $10.1K | $135.3K | +1239.6% |
2 Bedrooms | $161.2K | $251K | +55.7% |
3 Bedrooms | $230K | $210K | -8.7% |
4 Bedrooms | $224K | $247K | +10.3% |
5+ Bedrooms | $369.9K | $489.7K | +32.4% |
Summary: Oneida housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1239.6%, 2 bedroom homes increased by 55.7%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 32.4%.
Housing Supply in Oneida, TN
How many homes are available in Oneida, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 49 | +11.4% |
Summary: The Oneida real estate market had 49 homes for sale in April 2024, a 11.4% increase 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 | 3 | 3 | 0.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Oneida 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 13.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Oneida in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Oneida, TN
How long does it take to sell a home in Oneida, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 130 Days | +198.3% |
Summary: Homes in Oneida had an average of 130 days on market in Apr 2024, up by 198.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Oneida; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.