Is Capitol View, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Capitol View was a Seller's Market.
Housing Prices in Capitol View, TN
How much do homes in Capitol View, TN cost?
Median Sold Price
$329,900
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Capitol View was $329,900 in March 2024, down 16.1% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $359.9K | $324.9K | -9.7% |
2 Bedrooms | $355K | $344.7K | -2.9% |
3 Bedrooms | $453.7K | $437K | -3.7% |
4 Bedrooms | $537.4K | $418.2K | -22.2% |
5+ Bedrooms | $390K | - | N/A |
Summary: Capitol View housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
East Nashville | $579.7K | $544.5K | -6.1% |
Capitol View | $393.2K | $329.9K | -16.1% |
Housing Supply in Capitol View, TN
How many homes are available in Capitol View, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 30 | +25.0% |
Summary: The Capitol View real estate market had 30 homes for sale in March 2024, a 25.0% increase 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 | 4 | 6 | +50.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Capitol View 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 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Capitol View in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Capitol View, TN
How long does it take to sell a home in Capitol View, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 73 Days | +123.9% |
Summary: Homes in Capitol View had an average of 73 days on market in Mar 2024, up by 123.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Capitol View; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.