Is Whitwell, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Whitwell was a Seller's Market.
Housing Prices in Whitwell, TN
How much do homes in Whitwell, TN cost?
Median Sold Price
$230,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Whitwell was $230,000 in May 2024, up 2.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $590K | +68.6% |
2 Bedrooms | $135K | $195K | +44.4% |
3 Bedrooms | $199.5K | $230K | +15.3% |
4 Bedrooms | $290.5K | $359K | +23.6% |
5+ Bedrooms | $555K | $255.9K | -53.9% |
Summary: Whitwell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.6%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes decreased by 53.9%.
Housing Supply in Whitwell, TN
How many homes are available in Whitwell, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 41 | -4.7% |
Summary: The Whitwell real estate market had 41 homes for sale in May 2024, a 4.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Whitwell 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 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 2 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Whitwell in May 2024, down by 80.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Whitwell, TN
We’re sorry, we don't have information for this market at the moment