Is Afton, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Afton has remained a Seller's Market.
Housing Prices in Afton, TN
How much do homes in Afton, TN cost?
Median Sold Price
$265,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Afton was $265,500 in May 2024, up 18.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $235K | N/A |
2 Bedrooms | $152.5K | $259.9K | +70.4% |
3 Bedrooms | $224K | $274.5K | +22.5% |
4 Bedrooms | $575K | $542K | -5.7% |
5+ Bedrooms | $600K | $257.5K | -57.1% |
Summary: Afton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 70.4%, 3 bedroom homes increased by 22.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 57.1%.
Median Sold Price Compared To Nearby Cities
Afton | $224K | $265.5K | +18.5% |
Greeneville | $246.4K | $275K | +11.6% |
Chuckey | $247K | $269.9K | +9.3% |
Tusculum | $420K | $439.5K | +4.6% |
Housing Supply in Afton, TN
How many homes are available in Afton, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Afton real estate market had 21 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Afton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Afton in May 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Afton, TN
How long does it take to sell a home in Afton, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 65 Days | +51.2% |
Summary: Homes in Afton had an average of 65 days on market in May 2024, up by 51.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Afton; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.