Is Church Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Church Hill has remained a Seller's Market.
Housing Prices in Church Hill, TN
How much do homes in Church Hill, TN cost?
Median Sold Price
$260,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Church Hill was $260,000 in November 2023, up 15.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $55K | -85.3% |
2 Bedrooms | $147.4K | $179.2K | +21.6% |
3 Bedrooms | $225K | $250K | +11.1% |
4 Bedrooms | $250K | $302.6K | +21.1% |
5+ Bedrooms | $380K | $321.2K | -15.5% |
Summary: Church Hill housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 85.3%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
Church Hill | $225K | $260K | +15.6% |
Mount Carmel | $231K | $245K | +6.1% |
Housing Supply in Church Hill, TN
How many homes are available in Church Hill, TN?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
59 | 56 | -5.1% |
Summary: The Church Hill real estate market had 56 homes for sale in November 2023, a 5.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 38 | 36 | -5.3% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Church Hill housing inventory by bedroom type for November 2023 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 5.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Church Hill in November 2023, up by 38.5% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
130 Days | 54 Days | -57.8% |
Summary: Homes in Church Hill had an average of 54 days on market in Nov 2023, down by 57.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2023, 18 homes were sold in Church Hill; 0% of homes were sold within 30 days, 94% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.