Is Berry Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
At the same time last year, Berry Hill was a Seller's Market.
Housing Prices
How much do homes in Berry Hill, TN cost?
Median Sold Price
$404,950
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Berry Hill was $404,950 in August 2023, down 17.9% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $354.9K | $369.7K | +4.2% |
2 Bedrooms | $440K | $560K | +27.3% |
3 Bedrooms | $622K | $700K | +12.5% |
4 Bedrooms | $1.0M | $1.2M | +17.5% |
5+ Bedrooms | - | - | N/A |
Summary: Berry Hill housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Nashville | $495.1K | $511.3K | +3.3% |
Berry Hill | $493K | $404.9K | -17.9% |
Housing Supply
How many homes are available in Berry Hill, TN?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The Berry Hill real estate market had 12 homes for sale in August 2023, a 33.3% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berry Hill housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
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 Berry Hill in August 2023, down by 50.0% month-over-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
How long does it take to sell a home in Berry Hill, TN?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
36 Days | 39 Days | +8.3% |
Summary: Homes in Berry Hill had an average of 39 days on market in Aug 2023, up by 8.3% compared to last year.
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
Summary: During August 2023, 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.