Is Cedar Hill, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Hill is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cedar Hill has remained a Seller's Market.

Key Takeaway

Cedar Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cedar Hill, TN

How much do homes in Cedar Hill, TN cost?

Median Sold Price

$248,800

$222/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$165,800(+199.8%)

Key Takeaway

Homes in Cedar Hill have sold for 199.8% more than they did a month ago.

Summary: The median home sold price in Cedar Hill was $248,800 in April 2024, up 199.8% from last month, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $83K$248.8K
+199.8%
4 --
N/A
5+ --
N/A

Summary: Cedar Hill 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 increased by 199.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cedar Hill, TN

How many homes are available in Cedar Hill, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The Cedar Hill real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 21
-50.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Cedar Hill 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 increased by 200%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cedar Hill in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cedar Hill, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Cedar Hill, TN

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