Three Way, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Three Way, TN is $255,700, up 2.7% year-over-year. Homes sell in an average of 118 days with 13 active listings. The market is currently a balanced market.
$255,700median sale price
Is Three Way a buyer's or seller's market?
Three Way, TN is currently a balanced market, based on 3.3 months of supply and homes selling in about 118 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
118
Average pace
Active listings
13
3.3 months supply
Sale-to-list
99.9%
Below asking
Three Way, TN market data
| Metric | Value |
|---|---|
| Median sale price | $255,700 |
| Median list price | $319,900 |
| Year-over-year price change | +2.7% |
| Average days on market | 118 days |
| Active inventory | 13 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Three Way housing market is currently classified as a balanced market with a median sale price of $255,700. Prices have risen 2.7% compared to last year, with homes spending an average of 118 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Three Way
There are currently 13 homes listed for sale in Three Way, Tennessee. The median listing price is $320K.
Active listings
13
Homes on market
Median list price
$320K
Avg. days on market
118
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Three Way?
The median home sale price in Three Way is $255,700, up 2.7% from last year.
How long do homes stay on market in Three Way?
Homes typically spend 118 days on market before going under contract.
Is Three Way a buyer's or seller's market?
With 3.3 months of supply, Three Way is currently a balanced market.
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