Is Bon Aqua, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bon Aqua has remained a Seller's Market.
Key Takeaway
Bon Aqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bon Aqua, TN
How much do homes in Bon Aqua, TN cost?
Median Sold Price
$352,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bon Aqua have sold for 9% less than they did a year ago.
Summary: The median home sold price in Bon Aqua was $352,500 in March 2024, down 9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $139K | N/A |
| 2 Bedrooms | $170K | $273.9K | +61.1% |
| 3 Bedrooms | $385K | $349.5K | -9.2% |
| 4 Bedrooms | $720K | $500K | -30.6% |
| 5+ Bedrooms | $649.9K | $420K | -35.4% |
Summary: Bon Aqua housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61.1%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes decreased by 35.4%.
Housing Supply in Bon Aqua, TN
How many homes are available in Bon Aqua, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Bon Aqua real estate market had 20 homes for sale in March 2024, a 4.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bon Aqua housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bon Aqua, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Bon Aqua in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Bon Aqua, TN
How long does it take to sell a home in Bon Aqua, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 14 Days | -47.8% |
Summary: Homes in Bon Aqua had an average of 14 days on market in Mar 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bon Aqua are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Bon Aqua; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.