Is Audubon, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Audubon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Audubon has remained a Seller's Market.

Key Takeaway

Audubon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Audubon, TN

How much do homes in Audubon, TN cost?

Median Sold Price

$377,000

$175/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$7,500(-2.0%)

Key Takeaway

Homes in Audubon have sold for 2% less than they did a month ago.

Summary: The median home sold price in Audubon was $377,000 in April 2024, down 2% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$377K
N/A
4 $384.5K-
N/A
5+ --
N/A

Summary: Audubon housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Audubon, TN

How many homes are available in Audubon, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1012+20.0%

Summary: The Audubon real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 55
0.0%
5+ 02
+100.0%

Summary: The Audubon 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Audubon, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Audubon in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Audubon, TN

How long does it take to sell a home in Audubon, TN?

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Audubon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Audubon; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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