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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Churchville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Churchville was a Neutral Market.

Key Takeaway

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

Housing Prices in Churchville, TN

How much do homes in Churchville, TN cost?

Median Sold Price

$160,000

$141/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$120,000(-42.9%)

Key Takeaway

Homes in Churchville have sold for 42.9% less than they did a month ago.

Summary: The median home sold price in Churchville was $160,000 in March 2024, down 42.9% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$116K
N/A
3 --
N/A
4 $280K$204K
-27.1%
5+ --
N/A

Summary: Churchville housing prices by bedroom type for March 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 did not change, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes did not change.

Housing Supply in Churchville, TN

How many homes are available in Churchville, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
67+16.7%

Summary: The Churchville real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 13
+200.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Churchville 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Churchville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Churchville in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Churchville, 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 30 Days Ago

Newest Listings in Churchville, TN

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