Is Davies Plantation, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Davies Plantation is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Davies Plantation was a Buyer's Market.

Key Takeaway

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

Housing Prices in Davies Plantation, TN

How much do homes in Davies Plantation, TN cost?

Median Sold Price

$469,900

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$15,100(-3.1%)

Key Takeaway

Homes in Davies Plantation have sold for 3.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $485K$435K
-10.3%
5+ -$489.9K
N/A

Summary: Davies Plantation housing prices by bedroom type for April 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 10.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Wolf Forest Farms
-1.3%
Plantation Hills
-1.8%
Davies Plantation
-3.1%

Housing Supply in Davies Plantation, TN

How many homes are available in Davies Plantation, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13130.0%

Summary: The Davies Plantation real estate market had 13 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 66
0.0%
5+ 77
0.0%

Summary: The Davies Plantation housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davies Plantation, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Davies Plantation in April 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Davies Plantation, 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 4 Days Ago

Newest Listings in Davies Plantation, TN

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