Is Eads, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eads is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Eads has remained a Seller's Market.

Key Takeaway

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

How much do homes in Eads, TN cost?

Median Sold Price

$600,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$110,000(+22.4%)

Key Takeaway

Homes in Eads have sold for 22.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $225K$353K
+56.9%
3 $379K$365K
-3.7%
4 $475K$575K
+21.1%
5+ $645K$825K
+27.9%

Median Sold Price Compared To Nearby Cities

Eads
+22.4%
Cordova
+21.3%
Oakland
+20.3%
Collierville
+13.7%
Arlington
+7.0%

How many homes are available in Eads, TN?

Number of Homes For Sale

Apr 2022May 2022%
2430+25.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 915
+66.7%
5+ 1010
0.0%

Number of Homes Sold

Apr 2022May 2022%
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eads, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Eads, TN

Homes for sale in Eads, TN have reached 30. In May 2022 in Eads, TN there were 25% more homes for sale than in April 2022. Real estate listing prices changed between April 2022 and May 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 56.9%, the cost of 3 bedrooms properties went down by 3.7%, 4 bedrooms properties prices increased by 21.1%, 5 bedrooms properties became 27.9% more expensive. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes did not move, 4 bedrooms homes became 66.7% more available, 5 bedrooms homes did not move. In May 2022, from all listings sold in Eads, TN there were more than 5 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

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