Is Loudon, TN 37774 a buyer’s or seller’s market?
Loudon is a seller’s market. With about 2.8 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.8Under 4 months = seller’s market
Sold above original list10.1%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$253▼ −3.0% vs. last year
Run the numbers for 37774
Nearby markets
Greenback 37742Balanced $269 /sq ftLenoir City 37771Seller’s market $214 /sq ftLenoir City 37772Seller’s market $234 /sq ftPhiladelphia 37846Seller’s market $278 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology