Is Whitehaven, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Whitehaven was a Seller's Market.
Key Takeaway
Whitehaven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Whitehaven, TN
How much do homes in Whitehaven, TN cost?
Median Sold Price
$158,752
-
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Whitehaven have sold for 9.5% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $145K | $135K | -6.9% |
| 4 Bedrooms | $157.5K | $195K | +23.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Whitehaven 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 6.9%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes did not change.
Housing Supply in Whitehaven, TN
How many homes are available in Whitehaven, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 106 | 117 | +10.4% |
Summary: The Whitehaven real estate market had 117 homes for sale in May 2024, a 10.4% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 70 | 74 | +5.7% |
| 4 Bedrooms | 31 | 37 | +19.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Whitehaven 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 50%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whitehaven, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Whitehaven in May 2024, down by 15.8% month-over-month. Of the 16 sold homes, 63% were sold under asking, 6% were sold at asking, and 31% were sold over asking.
Days on Market for Whitehaven, TN
We’re sorry, we don't have information for this market at the moment
