Erwin, TN
Housing market overview · Updated weekly
$230,000median sale price
Homes sold
5
Last 12 weeks
Days on market
70
Average pace
Active listings
35
7.0 months supply
Sale-to-list
97.4%
Below asking
The Erwin housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have fallen 29.2% compared to last year, with homes spending an average of 70 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Erwin
There are currently 35 homes listed for sale in Erwin, Tennessee. The median listing price is $229K.
Active listings
35
Homes on market
Median list price
$229K
Avg. days on market
70
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Erwin?
The median home sale price in Erwin is $230,000, down 29.2% from last year.
How long do homes stay on market in Erwin?
Homes typically spend 70 days on market before going under contract.
Is Erwin a buyer's or seller's market?
With 7.0 months of supply, Erwin is currently a buyer's market.
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