Asking $10,000 more than last time in Loudon: fair or a stretch? You be the judge

349 Dudala Way, Loudon, TN 37774 in Loudon is a land with a lot of 0.3 acres. It has been on the market 63 days, listed by Smoky Mountain Realty. The asking price was $30,000 and is now $40,000, up $10,000 (33.3%). Those two asking prices are the whole price history the Gazette holds for this listing so far.

In Loudon the Gazette counts 360 active listings; the median asking price there is $374,950, and 79 days listed. Beyond this one, one cut to the asking price and no increases in Loudon were recorded this edition. The Loudon page lists every home there.

Beside it, Philadelphia has 22 active listings and a median asking price of $312,500, $62,450 lower than Loudon's. Per square foot the median asks $196 in Philadelphia against $265 in Loudon, so Philadelphia is lower; the median lot is 7.51 acres in Philadelphia against 0.32 acres in Loudon, so Philadelphia has more land. Also nearby, Lenoir City has 257 active listings and a median asking price of $500,000, $125,050 higher than Loudon's. Per square foot the median asks $246 in Lenoir City against $265 in Loudon, so Lenoir City is lower; the median lot is 0.44 acres in Lenoir City against 0.32 acres in Loudon, so Lenoir City has more land. Every figure is an asking price from the same edition.

For the market as a whole, 12,427 listings are active, and the median asking price is $348,900. Per square foot, the median asks $236. The median home has been listed 78 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 14, counting from Nov 5 to Nov 6: 148 new listings came on, 179 price cuts were recorded, one price increase was recorded, and 112 listings left the active market.

How to read this page. An asking price is the number a seller and a listing office have chosen to publish. It is not what a home changes hands for and it is not an appraisal, and a change in an asking price is a fact about one listing, recorded on the day the Gazette saw it, not a forecast of what comes next. Each address here links to the listing itself, with its photos and the office that holds it, and that office is the one to ask for a showing.