Is Adamsville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adamsville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Adamsville has remained a Seller's Market.

Key Takeaway

Adamsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Adamsville, TN

How much do homes in Adamsville, TN cost?

Median Sold Price

$185,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$25,000(-11.9%)

Key Takeaway

Homes in Adamsville have sold for 11.9% less than they did a year ago.

Summary: The median home sold price in Adamsville was $185,000 in May 2024, down 11.9% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$169.5K
N/A
2 $123.3K$130K
+5.4%
3 $205K$185K
-9.8%
4 $305K$296K
-3.0%
5+ -$212.1K
N/A

Summary: Adamsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crump
+56.0%
Adamsville
-11.9%

Housing Supply in Adamsville, TN

How many homes are available in Adamsville, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3541+17.1%

Summary: The Adamsville real estate market had 41 homes for sale in May 2024, a 17.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 2123
+9.5%
4 810
+25.0%
5+ 22
0.0%

Summary: The Adamsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
213+550.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adamsville, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Adamsville in May 2024, up by 550.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Adamsville, TN

How long does it take to sell a home in Adamsville, TN?

Average Sale Time

May 2023May 2024CHANGE
8 Days24 Days+191.2%

Summary: Homes in Adamsville had an average of 24 days on market in May 2024, up by 191.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adamsville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 13 homes were sold in Adamsville; 15% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Adamsville, TN

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