Is Berry Hill, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berry Hill is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Berry Hill was a Neutral Market.

Key Takeaway

Berry Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Berry Hill, TN

How much do homes in Berry Hill, TN cost?

Median Sold Price

$925,000

$342/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$225,100(+32.2%)

Key Takeaway

Homes in Berry Hill have sold for 32.2% more than they did a month ago.

Summary: The median home sold price in Berry Hill was $925,000 in November 2024, up 32.2% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $280K-
N/A
2 --
N/A
3 $724.4K-
N/A
4 -$925K
N/A
5+ --
N/A

Summary: Berry Hill housing prices by bedroom type for November 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 Berry Hill, TN

How many homes are available in Berry Hill, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Berry Hill real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 22
0.0%
3 65
-16.7%
4 55
0.0%
5+ 11
0.0%

Summary: The Berry Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berry Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Berry Hill in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Berry Hill, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
66 Days49 Days-26.1%

Summary: Homes in Berry Hill had an average of 49 days on market in Nov 2024, down by 26.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Berry Hill has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Berry Hill; 0% of homes were sold within 30 days, 100% 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 7 Days Ago

Newest Listings in Berry Hill, TN

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