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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robbins is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Robbins was a Buyer's Market.

Key Takeaway

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

Housing Prices in Robbins, TN

How much do homes in Robbins, TN cost?

Median Sold Price

$127,500

$94/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$24,000(-15.8%)

Key Takeaway

Homes in Robbins have sold for 15.8% less than they did a month ago.

Summary: The median home sold price in Robbins was $127,500 in May 2024, down 15.8% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $151.5K$127.5K
-15.8%
4 --
N/A
5+ --
N/A

Summary: Robbins 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 decreased by 15.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Robbins, TN

How many homes are available in Robbins, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Robbins real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 00
0.0%
3 43
-25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Robbins 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Robbins, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Robbins in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Robbins, TN

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

Average Sale Time

Apr 2024May 2024CHANGE
6 Days98 Days+1533.3%

Summary: Homes in Robbins had an average of 98 days on market in May 2024, up by 1533.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Robbins; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Robbins, TN

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