Is Ten Mile, 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, Ten Mile has remained a Neutral Market.
Housing Prices in Ten Mile, TN
How much do homes in Ten Mile, TN cost?
Median Sold Price
$437,450
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ten Mile was $437,450 in April 2024, up 8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.4K | $279.9K | +15.4% |
2 Bedrooms | $295K | $217.5K | -26.3% |
3 Bedrooms | $412.5K | $395K | -4.2% |
4 Bedrooms | $842.4K | $800K | -5.0% |
5+ Bedrooms | $782.4K | $235K | -70.0% |
Summary: Ten Mile housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 70%.
Housing Supply in Ten Mile, TN
How many homes are available in Ten Mile, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The Ten Mile real estate market had 38 homes for sale in April 2024, a 5.6% increase 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 | 5 | 5 | 0.0% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ten Mile 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 increased by 18.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Ten Mile in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ten Mile, TN
How long does it take to sell a home in Ten Mile, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 93 Days | +31.9% |
Summary: Homes in Ten Mile had an average of 93 days on market in Apr 2024, up by 31.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Ten Mile; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.