Is Deer Meadows, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Deer Meadows has remained a Seller's Market.
Key Takeaway
Deer Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deer Meadows, TN
How much do homes in Deer Meadows, TN cost?
Median Sold Price
$224,400
$137/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Deer Meadows have sold for 49.8% less than they did a month ago.
Summary: The median home sold price in Deer Meadows was $224,400 in April 2024, down 49.8% from last month, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $443.8K | $224.4K | -49.4% |
| 4 Bedrooms | $449.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Deer Meadows 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 decreased by 49.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Deer Meadows, TN
How many homes are available in Deer Meadows, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Summary: The Deer Meadows real estate market had 4 homes for sale in April 2024, a 42.9% decrease 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 | 6 | 3 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Deer Meadows 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Days on Market for Deer Meadows, TN
How long does it take to sell a home in Deer Meadows, TN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 28 Days | +261.3% |
Summary: Homes in Deer Meadows had an average of 28 days on market in Apr 2024, up by 261.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deer Meadows are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Deer Meadows; 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.