Vonore Housing Market Report December 2024•Monroe County, Tennessee

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Housing Prices in Vonore, TN

How much do homes in Vonore, TN cost?

Housing Market Conditions

Is Vonore, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Vonore is a Buyer's Market

Difference Since December 2023

At the same time last year, Vonore was a Seller's Market.

Insight

Vonore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$570,000$253/SqFt
-$5,000
-0.9%

Based on all homes sold in the last 12 months

Insight

Homes in Vonore have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Vonore was $570,000 in December 2024, down 0.9% from last year, and the median price per square foot was $253.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Vonore
-0.9%
Greenback
-12.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$40K-
N/A
2$290.5K$222.4K
-23.4%
3$570K$409K
-28.2%
4$890K$1.1M
+32.0%
5$1.8M$1.7M
-6.4%

Summary: Vonore 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 decreased by -23.4%. The home price for 3 bedroom homes decreased by -28.2%. The home price for 4 bedroom homes increased by +32.0%. The home price for 5 bedroom homes decreased by -6.4%.

Housing supply in Vonore, TN

How many homes are available in Vonore, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
37Last MonthDec 2024
422 months agoNov 2024
-11.9 %
Change MoMNov – Dec

Summary: The Vonore real estate market had 37 homes for sale in Dec 2024, a 11.9 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthDec 2024
92 months agoNov 2024
-55.6 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
233
0.0%
32724
-11.1%
476
-14.3%
554
-20.0%

Summary: Vonore 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 remained the same. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -20.0%.

Asking Price vs. Sold Price

How much do homes in Vonore, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Vonore, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Vonore in December 2024, down by 55.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Vonore, TN

How long does it take to sell a home in Vonore, TN?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Vonore are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Vonore; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
73 DaysThis YearDec 2024
27 Days1 year agoDec 2023
+168.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Vonore had an average listing age of 73 days in Dec 2024, up by 168.2% compared to the previous year.

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Newest Listings in Vonore, TN

What homes are available in Vonore, TN?

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Nearby markets

Nearby markets aren't available for Vonore, TN

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MLS Disclaimers and Copyright

Based on information from East Tennessee REALTORS® MLS, River Counties MLS, Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., and Great Smoky Mountains MLS for the period 01/01/2023 - 01/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

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: 1/29/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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: 1/29/2025, 4:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Great Smoky Mountains Association of REALTORS ® & MLS. All rights reserved. Information is deemed reliable but not guaranteed. The information being provided is 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: 1/29/2025, 4:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.