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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mason was a Seller's Market.

Key Takeaway

Mason is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mason, TN

How much do homes in Mason, TN cost?

Median Sold Price

$272,900

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$69,150(+33.9%)

Key Takeaway

Homes in Mason have sold for 33.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K-
N/A
4 $325K$272.9K
-16.0%
5+ --
N/A

Summary: Mason housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mason
+102.1%
Mason
+33.9%

Housing Supply in Mason, TN

How many homes are available in Mason, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
76-14.3%

Summary: The Mason real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Mason 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mason in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mason, TN

We’re sorry, we don't have information for this market at the moment

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 Mason, TN

Nearby Markets to Mason, TN