Is Alliance of Cordova Neighborhoods, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Alliance of Cordova Neighborhoods has remained a Seller's Market.
Housing Prices in Alliance of Cordova Neighborhoods, TN
How much do homes in Alliance of Cordova Neighborhoods, TN cost?
Median Sold Price
$315,000
-
Based on all homes sold in April 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $250K | N/A |
3 Bedrooms | $280K | $295K | +5.4% |
4 Bedrooms | $382.5K | $457.2K | +19.5% |
5+ Bedrooms | $625K | $315K | -49.6% |
Summary: Alliance of Cordova Neighborhoods housing prices by bedroom type for April 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 increased by 5.4%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 49.6%.
Median Sold Price Compared To Nearby Neighborhoods
Cumberland Farms | $299.9K | $350K | +16.7% |
Alliance of Cordova Neighborhoods | $350K | $315K | -10.0% |
Housing Supply in Alliance of Cordova Neighborhoods, TN
How many homes are available in Alliance of Cordova Neighborhoods, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 68 | -9.3% |
Summary: The Alliance of Cordova Neighborhoods real estate market had 68 homes for sale in April 2024, a 9.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 33 | 27 | -18.2% |
4 Bedrooms | 30 | 27 | -10.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Alliance of Cordova Neighborhoods housing inventory by bedroom type for April 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 18.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 15 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Alliance of Cordova Neighborhoods in April 2024, down by 28.6% month-over-month. Of the 15 sold homes, 13% were sold under asking, 53% were sold at asking, and 33% were sold over asking.
Days on Market for Alliance of Cordova Neighborhoods, TN
We’re sorry, we don't have information for this market at the moment