Is Springville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Springville was a Neutral Market.
Housing Prices in Springville, TN
How much do homes in Springville, TN cost?
Median Sold Price
$574,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Springville was $574,000 in April 2024, up 3.1% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81.7K | $60K | -26.6% |
2 Bedrooms | $355K | $576K | +62.3% |
3 Bedrooms | $460.4K | $400K | -13.1% |
4 Bedrooms | $1.1M | - | N/A |
5+ Bedrooms | $998.4K | $465K | -53.4% |
Summary: Springville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes increased by 62.3%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 53.4%.
Housing Supply in Springville, TN
How many homes are available in Springville, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Springville real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Springville in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Springville, TN
We’re sorry, we don't have information for this market at the moment