Explore Friendsville, TN - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
Friendsville's real estate market is experiencing a price correction, with values down 5.9% from last year. Home prices have decreased 42.3% in the past month. At the current pace, all available homes in Friendsville would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 55 days to sell, which is -16 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Friendsville market with the affordability index at 1898.7. Based on current market indicators, home prices in Friendsville are projected to increase by approximately 8.7% over the next month.
Demographics market for - Friendsville, TN
Total Population -
1,068
White Population
97.66%
Black Population
0.00%
Crime for - Friendsville, TN
No Data
Real Estate Market Prediction for - Friendsville, TN
City Hotspots
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