Is Mosheim, 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, Mosheim has remained a Seller's Market.
Housing Prices in Mosheim, TN
How much do homes in Mosheim, TN cost?
Median Sold Price
$245,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mosheim was $245,000 in May 2024, up 22.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $301.5K | $169.9K | -43.6% |
2 Bedrooms | $129.9K | $258K | +98.5% |
3 Bedrooms | $195K | $201.3K | +3.2% |
4 Bedrooms | $217.9K | $245K | +12.4% |
5+ Bedrooms | - | $227K | N/A |
Summary: Mosheim housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.6%, 2 bedroom homes increased by 98.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mosheim | $199.9K | $245K | +22.6% |
Greeneville | $246.4K | $275K | +11.6% |
Housing Supply in Mosheim, TN
How many homes are available in Mosheim, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Summary: The Mosheim real estate market had 14 homes for sale in May 2024, a 6.7% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mosheim 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mosheim in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mosheim, TN
How long does it take to sell a home in Mosheim, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 193 Days | +130.2% |
Summary: Homes in Mosheim had an average of 193 days on market in May 2024, up by 130.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Mosheim; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.