Is Goodlettsville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Goodlettsville has remained a Seller's Market.
Key Takeaway
Goodlettsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Goodlettsville, TN
How much do homes in Goodlettsville, TN cost?
Median Sold Price
$391,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Goodlettsville have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Goodlettsville was $391,500 in May 2024, down 2.1% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $288.9K | $299.5K | +3.7% |
| 3 Bedrooms | $395K | $369.9K | -6.4% |
| 4 Bedrooms | $513K | $476K | -7.2% |
| 5+ Bedrooms | $659.9K | $650K | -1.5% |
Summary: Goodlettsville 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 3.7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Hendersonville | $476.4K | $512.7K | +7.6% |
| Goodlettsville | $402.4K | $395.5K | -1.7% |
| Goodlettsville | $400K | $391.5K | -2.1% |
| Millersville | $375K | $353K | -5.9% |
Housing Supply in Goodlettsville, TN
How many homes are available in Goodlettsville, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 140 | 154 | +10.0% |
Summary: The Goodlettsville real estate market had 154 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 69 | 75 | +8.7% |
| 4 Bedrooms | 32 | 39 | +21.9% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Goodlettsville 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 4.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goodlettsville, expect to pay close to the asking price. 48.6% of homes here sold near the asking price last month.
Summary: A total of 36 homes were sold or pending in Goodlettsville in May 2024, up by 12.5% month-over-month. Of the 35 sold homes, 43% were sold under asking, 49% were sold at asking, and 9% were sold over asking.
Days on Market for Goodlettsville, TN
How long does it take to sell a home in Goodlettsville, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 21 Days | -35.5% |
Summary: Homes in Goodlettsville had an average of 21 days on market in May 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goodlettsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 36 homes were sold in Goodlettsville; 78% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.