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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coopertown is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Coopertown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Coopertown, TN

How much do homes in Coopertown, TN cost?

Median Sold Price

$497,450

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$38,050(-7.1%)

Key Takeaway

Homes in Coopertown have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Coopertown was $497,450 in September 2024, down 7.1% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $550K$330K
-40.0%
3 $500K$429.9K
-14.0%
4 $640K$573K
-10.5%
5+ $760K$807.5K
+6.3%

Summary: Coopertown 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 decreased by 40%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 6.3%.

Housing Supply in Coopertown, TN

How many homes are available in Coopertown, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2728+3.7%

Summary: The Coopertown real estate market had 28 homes for sale in September 2024, a 3.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1516
+6.7%
4 56
+20.0%
5+ 33
0.0%

Summary: The Coopertown 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 decreased by 25%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coopertown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Coopertown in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Coopertown, TN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
21 Days10 Days-50.0%

Summary: Homes in Coopertown had an average of 10 days on market in Sep 2024, down by 50% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coopertown are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Coopertown; 100% of homes were sold within 30 days, 0% 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 30 Days Ago

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