#20250437, Lorie Colloms, Listing Office: Century 21 Legacy
Riceville Housing Market Report January 2025•McMinn County, Tennessee
Housing Prices in Riceville, TN
How much do homes in Riceville, TN cost?
Housing Market Conditions
Is Riceville, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Riceville is a Buyer's Market
Difference Since January 2024
At the same time last year, Riceville was a Seller's Market.
Riceville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Riceville have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Riceville was $325,000 in January 2025, up 4.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $28.5K | - | N/A |
22 Bedrooms | $91.5K | $212K | +131.7% |
33 Bedrooms | $308.5K | $340K | +10.2% |
44 Bedrooms | $475K | $289.9K | -39.0% |
55+ Bedrooms | $382.2K | - | N/A |
Summary: Riceville housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +131.7%. The home price for 3 bedroom homes increased by +10.2%. The home price for 4 bedroom homes decreased by -39.0%. The home price for 5 bedroom homes did not change.
Housing supply in Riceville, TN
How many homes are available in Riceville, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthJan 2025 | ||
492 months agoDec 2024 | +6.1 % Change MoMDec – Jan |
Summary: The Riceville real estate market had 52 homes for sale in Jan 2025, a 6.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthJan 2025 | ||
32 months agoDec 2024 | -66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 2 | 3 | +50.0% |
33 Bedrooms | 37 | 41 | +10.8% |
44 Bedrooms | 7 | 5 | -28.6% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Riceville housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +10.8%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Riceville, TN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
If you're buying a home in Riceville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Riceville in January 2025, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Riceville, TN
How long does it take to sell a home in Riceville, TN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in Riceville has remained consistent over time.
Summary: During January 2025, 1 homes were sold in Riceville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
36 DaysThis YearJan 2025 | ||
7 Days1 year agoJan 2024 | +400.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Riceville had an average listing age of 36 days in Jan 2025, up by 400.0% compared to the previous year.
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Newest Listings in Riceville, TN
What homes are available in Riceville, 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 Memphis MLS for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 6:20:57 PM 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: 2/3/2025, 6:15:57 PM 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. Properties displayed may be listed or sold by various participants in the MLS.
© 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: 2/3/2025, 6:18:50 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: 2/3/2025, 6:20:56 PM 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: 2/3/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.