Is Brighton, 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, Brighton has remained a Seller's Market.
Housing Prices in Brighton, TN
How much do homes in Brighton, TN cost?
Median Sold Price
$280,000
-
Based on all homes sold in May 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $125K | N/A |
3 Bedrooms | $180K | $280K | +55.6% |
4 Bedrooms | $399K | $293.7K | -26.4% |
5+ Bedrooms | $530K | - | N/A |
Summary: Brighton 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 increased by 55.6%, 4 bedroom homes decreased by 26.4%, and 5+ bedroom homes did not change.
Housing Supply in Brighton, TN
How many homes are available in Brighton, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The Brighton real estate market had 23 homes for sale in May 2024, a 9.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Brighton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Brighton in May 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Brighton, TN
We’re sorry, we don't have information for this market at the moment