Is Roan Mountain, TN 37687 a buyer’s or seller’s market?
Roan Mountain is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply7.8Under 4 months = seller’s market
Sold above original list5.6%Share of sales, last 3 months
Median sale-to-list94.5%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$229▲ +12.9% vs. last year
Run the numbers for 37687
Nearby markets
Elizabethton 37643Seller’s market $183 /sq ftHampton 37658Seller’s market $176 /sq ftWatauga 37694Buyer’s market $190 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology