Is Chapmansboro, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chapmansboro is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Chapmansboro was a Seller's Market.

Key Takeaway

Chapmansboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Chapmansboro, TN

How much do homes in Chapmansboro, TN cost?

Median Sold Price

$392,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$26,000(+7.1%)

Key Takeaway

Homes in Chapmansboro have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Chapmansboro was $392,000 in September 2024, up 7.1% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$590.9K
N/A
2 $325K$365K
+12.3%
3 $363K$380K
+4.7%
4 $395K$662.4K
+67.7%
5+ --
N/A

Summary: Chapmansboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 67.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chapmansboro
+7.1%
Pleasant View
-0.3%

Housing Supply in Chapmansboro, TN

How many homes are available in Chapmansboro, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2219-13.6%

Summary: The Chapmansboro real estate market had 19 homes for sale in September 2024, a 13.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1714
-17.6%
4 33
0.0%
5+ 00
0.0%

Summary: The Chapmansboro housing inventory by bedroom type for September 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 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chapmansboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Chapmansboro in September 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Chapmansboro, TN

How long does it take to sell a home in Chapmansboro, TN?

Average Sale Time

Sep 2023Sep 2024CHANGE
62 Days43 Days-29.9%

Summary: Homes in Chapmansboro had an average of 43 days on market in Sep 2024, down by 29.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chapmansboro has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Chapmansboro; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated Sep 1, 2024

Newest Listings in Chapmansboro, TN

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