Listing Office: Opendoor Brokerage LLC
Birchwood Housing Market Report December 2024•Hamilton County, Tennessee
Housing Prices in Birchwood, TN
How much do homes in Birchwood, TN cost?
Housing Market Conditions
Is Birchwood, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Birchwood is a Seller's Market
Difference Since December 2023
Since last year, Birchwood has remained a Seller's Market.
Birchwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Birchwood have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Birchwood was $415,000 in December 2024, up 9.2% from last year, and the median price per square foot was $212.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Bakewell | $415K | $482.5K | +16.3% |
Birchwood | $379.9K | $415K | +9.2% |
Ooltewah / Summit | $436.1K | $450K | +3.2% |
Harrison Bay | $433K | $415.9K | -3.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $190K | $308K | +62.1% |
33 Bedrooms | $365K | $409.7K | +12.3% |
44 Bedrooms | $496.7K | $662.5K | +33.4% |
55+ Bedrooms | $583.9K | $465K | -20.4% |
Summary: Birchwood housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +62.1%. The home price for 3 bedroom homes increased by +12.3%. The home price for 4 bedroom homes increased by +33.4%. The home price for 5 bedroom homes decreased by -20.4%.
Housing supply in Birchwood, TN
How many homes are available in Birchwood, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
50Last MonthDec 2024 | ||
552 months agoNov 2024 | -9.1 % Change MoMNov – Dec |
Summary: The Birchwood real estate market had 50 homes for sale in Dec 2024, a 9.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
112 months agoNov 2024 | +27.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 5 | +150.0% |
33 Bedrooms | 37 | 33 | -10.8% |
44 Bedrooms | 16 | 12 | -25.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Birchwood housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +150.0%. The inventory for 3 bedroom homes decreased by -10.8%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Birchwood, TN cost?
Over Asking Price3 Homes
At Asking Price8 Homes
Under Asking Price3 Homes
If you're buying a home in Birchwood, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Birchwood in December 2024, up by 27.3% month-over-month. Of the 14 sold homes, 21% were sold under asking, 57% were sold at asking, and and 21% were sold over asking.
Days on Market for Birchwood, TN
How long does it take to sell a home in Birchwood, TN?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Birchwood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in Birchwood; 21% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
40 DaysThis YearDec 2024 | ||
44 Days1 year agoDec 2023 | -9.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Birchwood had an average listing age of 40 days in Dec 2024, down by 9.3% compared to the previous year.
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Newest Listings in Birchwood, TN
What homes are available in Birchwood, TN?
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MLS Disclaimers and Copyright
Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., River Counties MLS, RealTracs Middle Tennessee Regional MLS, East Tennessee REALTORS® MLS, and Georgia MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 11:48:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.