Is Cooper Young, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cooper Young has remained a Buyer's Market.
Key Takeaway
Cooper Young is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cooper Young, TN
How much do homes in Cooper Young, TN cost?
Median Sold Price
$276,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cooper Young have sold for 25.8% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $190K | +39.7% |
| 2 Bedrooms | $226.5K | $242.4K | +7.0% |
| 3 Bedrooms | $429.5K | $277K | -35.5% |
| 4 Bedrooms | $420K | $387.2K | -7.8% |
| 5+ Bedrooms | $481K | $485K | +0.8% |
Summary: Cooper Young housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.7%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 35.5%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Gardens | $408.5K | $387.4K | -5.2% |
| Cooper Young | $372K | $276K | -25.8% |
Housing Supply in Cooper Young, TN
How many homes are available in Cooper Young, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 47 | +23.7% |
Summary: The Cooper Young real estate market had 47 homes for sale in April 2024, a 23.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cooper Young housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cooper Young, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Cooper Young in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Cooper Young, TN
We’re sorry, we don't have information for this market at the moment
