Is Bridgewater, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bridgewater has remained a Seller's Market.
Key Takeaway
Bridgewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgewater, TN
How much do homes in Bridgewater, TN cost?
Median Sold Price
$547,500
$195/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Bridgewater have sold for 12.9% more than they did a month ago.
Summary: The median home sold price in Bridgewater was $547,500 in April 2024, up 12.9% from last month, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $425K | - | N/A |
| 3 Bedrooms | $545K | $470K | -13.8% |
| 4 Bedrooms | - | $625K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bridgewater 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 decreased by 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bridgewater, TN
How many homes are available in Bridgewater, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Bridgewater real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bridgewater 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgewater, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Bridgewater in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bridgewater, TN
How long does it take to sell a home in Bridgewater, TN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 13 Days | +225.0% |
Summary: Homes in Bridgewater had an average of 13 days on market in Apr 2024, up by 225% compared to last month.
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
Key Takeaway
Many homes in Bridgewater are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Bridgewater; 100% 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.