Is Dogwood Grove, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dogwood Grove is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Dogwood Grove was a Seller's Market.

Key Takeaway

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

Housing Prices in Dogwood Grove, TN

How much do homes in Dogwood Grove, TN cost?

Median Sold Price

$1,700,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$942,550(+124.4%)

Key Takeaway

Homes in Dogwood Grove have sold for 124.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $775K$1.7M
+119.4%
5+ $739.9K-
N/A

Summary: Dogwood Grove housing prices by bedroom type for March 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 increased by 119.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Dogwood Grove
+124.4%
River Edge
+6.2%

Housing Supply in Dogwood Grove, TN

How many homes are available in Dogwood Grove, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1113+18.2%

Summary: The Dogwood Grove real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 78
+14.3%
5+ 34
+33.3%

Summary: The Dogwood Grove housing inventory by bedroom type for March 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 increased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Dogwood Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dogwood Grove in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dogwood Grove, 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 26 Days Ago

Newest Listings in Dogwood Grove, TN

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