Real Estate Market Update for Wartburg, TN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 100% from one year earlier, and up 38% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 120-thousand dollars. The number of units sold increased 33% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Wartburg, TN
Area Information for Wartburg, TN
  • Population: 993
  • Median Age: 40.49 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,114/sq mi
  • Population Change Since 2000: -2.56%
  • Closest Airport: Mcghee Tyson
  • Closest College: Itt Technical Institute-knoxville
  • Closest Jr. College: Roane State Community College
  • Median Household Income: $34,581
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $186,500
  • Closest Major Sports Team: Tennessee Smokies (aa)
  • Change Avg. Household Income Since 2000: 55.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Wartburg, TN
Median Age: 40.49 Married: 38% Number of Households: 404 Households with Children: 158
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Wartburg, TN

      School Name Distance Type Grades School Rating Parent Rating
      Morgan County Vocational Center 1.6 mi Public 9-12 0 0
      Central Middle School 1.9 mi Public 6-8 1 0
      Central Elementary School 2.4 mi Public PRESCHOOL-5 1 0
      Central High School 2.8 mi Public 9-12 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Wartburg, TN
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.