Is Cross Plains, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross Plains is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Cross Plains was a Buyer's Market.

Key Takeaway

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

Housing Prices in Cross Plains, TN

How much do homes in Cross Plains, TN cost?

Median Sold Price

$470,250

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$35,250(+8.1%)

Key Takeaway

Homes in Cross Plains have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Cross Plains was $470,250 in February 2024, up 8.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $382.5K$470K
+22.9%
3 $421K$453.9K
+7.8%
4 $443.5K$494K
+11.4%
5+ $541.1K-
N/A

Summary: Cross Plains housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Orlinda
+27.3%
Cross Plains
+8.1%
Cottontown
-3.6%

Housing Supply in Cross Plains, TN

How many homes are available in Cross Plains, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1015+50.0%

Summary: The Cross Plains real estate market had 15 homes for sale in February 2024, a 50.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 59
+80.0%
4 44
0.0%
5+ 12
+100.0%

Summary: The Cross Plains housing inventory by bedroom type for February 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 80%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 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 Cross Plains, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cross Plains in February 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cross Plains, TN

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

Average Sale Time

Feb 2023Feb 2024CHANGE
71 Days56 Days-20.7%

Summary: Homes in Cross Plains had an average of 56 days on market in Feb 2024, down by 20.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 3 homes were sold in Cross Plains; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 27 Days Ago

Newest Listings in Cross Plains, TN

Nearby Markets to Cross Plains, TN

What housing markets are near Cross Plains, TN?