Is Cambridge Forest, 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, Cambridge Forest has remained a Seller's Market.
Housing Prices in Cambridge Forest, TN
How much do homes in Cambridge Forest, TN cost?
Median Sold Price
$405,000
$196/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Cambridge Forest was $405,000 in March 2024, down 3% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $274.5K | - | N/A |
3 Bedrooms | $417.5K | $405K | -3.0% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $550K | - | N/A |
Summary: Cambridge Forest housing prices by bedroom type for March 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 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Cambridge Forest | $417.5K | $405K | -3.0% |
Oakwood Antioch | $365K | $340K | -6.8% |
Housing Supply in Cambridge Forest, TN
How many homes are available in Cambridge Forest, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Summary: The Cambridge Forest real estate market had 3 homes for sale in March 2024, a 50.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Cambridge Forest 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
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 Cambridge Forest in March 2024, down by 75.0% 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 for Cambridge Forest, TN
How long does it take to sell a home in Cambridge Forest, TN?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 3 Days | -95.0% |
Summary: Homes in Cambridge Forest had an average of 3 days on market in Mar 2024, down by 95% compared to 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
Summary: During March 2024, 1 homes were sold in Cambridge Forest; 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.