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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bells is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Bells, TN cost?

Median Sold Price

$162,500

$158/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

-$20,500(-11.2%)

Key Takeaway

Homes in Bells have sold for 11.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 --
N/A
3 $183K$162.5K
-11.2%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Bells
-11.2%
Bells
-11.2%

How many homes are available in Bells, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
21-50.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bells, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Breakdown of Home Sale Times

1 Home Was 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 Bells are selling fast, if you're buying plan to act quickly.

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

About Bells, TN

Bells, TN has 1 homes for sale to choose from. The inventory of homes for sale in Bells, TN between July 2022 and August 2022 decreased by 50%. Between August 2021 and August 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties decreased by 11.2%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory decreased by 50%, 4 bedrooms homes inventory did not change, 5 bedrooms homes did not move. Over 1 listings were sold over their listed price in August 2022 in Bells, TN. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.