#1506597, Listing Office: Keller Williams Realty
Ridgedale / Oak Grove / Clifton Hills Housing Market Report January 2025•Hamilton County, Tennessee
Housing Prices in Ridgedale / Oak Grove / Clifton Hills, TN
How much do homes in Ridgedale / Oak Grove / Clifton Hills, TN cost?
Housing Market Conditions
Is Ridgedale / Oak Grove / Clifton Hills, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ridgedale / Oak Grove / Clifton Hills is a Buyer's Market
Difference Since January 2024
At the same time last year, Ridgedale / Oak Grove / Clifton Hills was a Seller's Market.
Ridgedale / Oak Grove / Clifton Hills 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 Ridgedale / Oak Grove / Clifton Hills have sold for 8% more than they did a year ago.
Summary: The median home sold price in Ridgedale / Oak Grove / Clifton Hills was $302,210 in January 2025, up 8% from last year, and the median price per square foot was $216.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Ridgedale / Oak Grove / Clifton Hills | $279.9K | $302.2K | +8.0% |
Ridgedale | $334K | $347.5K | +4.0% |
Highland Park | $365K | $375K | +2.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $279.9K | $309K | +10.4% |
22 Bedrooms | $150K | $249K | +66.0% |
33 Bedrooms | $261.4K | $320K | +22.4% |
44 Bedrooms | $385K | $401.8K | +4.4% |
55+ Bedrooms | $360K | - | N/A |
Summary: Ridgedale / Oak Grove / Clifton Hills housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.4%. The home price for 2 bedroom homes increased by +66.0%. The home price for 3 bedroom homes increased by +22.4%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes did not change.
Housing supply in Ridgedale / Oak Grove / Clifton Hills, TN
How many homes are available in Ridgedale / Oak Grove / Clifton Hills, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
96Last MonthJan 2025 | ||
452 months agoDec 2024 | +113.3 % Change MoMDec – Jan |
Summary: The Ridgedale / Oak Grove / Clifton Hills real estate market had 96 homes for sale in Jan 2025, a 113.3 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
82 months agoDec 2024 | -25.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 6 | 32 | +433.3% |
33 Bedrooms | 31 | 52 | +67.7% |
44 Bedrooms | 6 | 10 | +66.7% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Ridgedale / Oak Grove / Clifton Hills 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 +433.3%. The inventory for 3 bedroom homes increased by +67.7%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Ridgedale / Oak Grove / Clifton Hills, TN cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in Ridgedale / Oak Grove / Clifton Hills, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Ridgedale / Oak Grove / Clifton Hills in January 2025, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Ridgedale / Oak Grove / Clifton Hills, TN
How long does it take to sell a home in Ridgedale / Oak Grove / Clifton Hills, TN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Avg time on Rocket Homes in Ridgedale / Oak Grove / Clifton Hills has remained consistent over time.
Summary: During January 2025, 6 homes were sold in Ridgedale / Oak Grove / Clifton Hills; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
140 DaysThis YearJan 2025 | ||
45 Days1 year agoJan 2024 | +212.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ridgedale / Oak Grove / Clifton Hills had an average listing age of 140 days in Jan 2025, up by 212.2% compared to the previous year.
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Newest Listings in Ridgedale / Oak Grove / Clifton Hills, TN
What homes are available in Ridgedale / Oak Grove / Clifton Hills, TN?
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MLS Disclaimers and Copyright
Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., and RealTracs Middle Tennessee Regional 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, 5:20:58 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, 5:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.