Is Cheatham County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cheatham County has remained a Seller's Market.
Housing Prices in Cheatham County, TN
How much do homes in Cheatham County, TN cost?
Median Sold Price
$383,800
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cheatham County was $383,800 in April 2024, up 1% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | $240.5K | +20.3% |
2 Bedrooms | $305K | $324.5K | +6.4% |
3 Bedrooms | $368.2K | $381.5K | +3.6% |
4 Bedrooms | $571K | $484K | -15.2% |
5+ Bedrooms | $600K | $530K | -11.7% |
Summary: Cheatham County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 11.7%.
Median Sold Price Compared To Nearby Counties
Dickson County | $344.9K | $358.5K | +3.9% |
Robertson County | $380.2K | $389.8K | +2.5% |
Montgomery County | $304.9K | $309.4K | +1.5% |
Davidson County | $450K | $456.4K | +1.4% |
Cheatham County | $379.9K | $383.8K | +1.0% |
Housing Supply in Cheatham County, TN
How many homes are available in Cheatham County, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
213 | 219 | +2.8% |
Summary: The Cheatham County real estate market had 219 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 29 | 30 | +3.4% |
3 Bedrooms | 144 | 143 | -0.7% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Cheatham County 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 increased by 3.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 42 | -12.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Cheatham County in April 2024, down by 12.5% month-over-month. Of the 41 sold homes, 49% were sold under asking, 32% were sold at asking, and 20% were sold over asking.
Days on Market for Cheatham County, TN
How long does it take to sell a home in Cheatham County, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 34 Days | +5.9% |
Summary: Homes in Cheatham County had an average of 34 days on market in Apr 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Cheatham County; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.