Is Daybreak, 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, Daybreak has remained a Seller's Market.
Key Takeaway
Daybreak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Daybreak, TN
How much do homes in Daybreak, TN cost?
Median Sold Price
$312,750
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Daybreak have sold for 8.6% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $315K | $300K | -4.8% |
| 4 Bedrooms | $347.2K | $330K | -5.0% |
| 5+ Bedrooms | $407.5K | $395K | -3.1% |
Summary: Daybreak housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in Daybreak, TN
How many homes are available in Daybreak, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Daybreak real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Daybreak 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 decreased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Daybreak, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Daybreak in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Daybreak, TN
We’re sorry, we don't have information for this market at the moment
