Is Niota, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Niota has remained a Buyer's Market.
Housing Prices in Niota, TN
How much do homes in Niota, TN cost?
Median Sold Price
$263,907
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Niota was $263,907 in April 2024, up 5.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $400K | +14.3% |
2 Bedrooms | $169K | $189K | +11.8% |
3 Bedrooms | $268K | $266.6K | -0.5% |
4 Bedrooms | $282.4K | $278.8K | -1.3% |
5+ Bedrooms | - | - | N/A |
Summary: Niota housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Housing Supply in Niota, TN
How many homes are available in Niota, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The Niota real estate market had 33 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Niota 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 2 | -80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Niota in April 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Niota, TN
How long does it take to sell a home in Niota, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 37 Days | +1775.0% |
Summary: Homes in Niota had an average of 37 days on market in Apr 2024, up by 1775% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Niota; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.