$2,374 Closing Credit*
$199,900
1,120 SqFt
2 Beds
•1 Full Bath
#9972042, James Boehms, Listing Office: A Team Real Estate Professionals
Is Church Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Church Hill was a Seller's Market.
Key Takeaway
Church Hill 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 Church Hill, TN
How much do homes in Church Hill, TN cost?
Median Sold Price
$250,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$10,000(-3.8%)
Key Takeaway
Homes in Church Hill have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Church Hill was $250,000 in September 2024, down 3.8% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $172.5K | -54.0% |
| 2 Bedrooms | $174.5K | $188K | +7.7% |
| 3 Bedrooms | $250K | $240.5K | -3.8% |
| 4 Bedrooms | $293.8K | $285.7K | -2.7% |
| 5+ Bedrooms | $321.2K | $347.5K | +8.2% |
Summary: Church Hill housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
| Mount Carmel | $245K | $270K | +10.2% |
| Church Hill | $260K | $250K | -3.8% |
Housing Supply in Church Hill, TN
How many homes are available in Church Hill, TN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 55 | 48 | -12.7% |
Summary: The Church Hill real estate market had 48 homes for sale in September 2024, a 12.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Church Hill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Church Hill, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Church Hill in September 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Church Hill, TN
How long does it take to sell a home in Church Hill, TN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 140 Days | 73 Days | -47.7% |
Summary: Homes in Church Hill had an average of 73 days on market in Sep 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Church Hill has remained consistent over time.
Summary: During September 2024, 8 homes were sold in Church Hill; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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