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 Last Month

Last month, Eads was a Buyer's Market.

Key Takeaway

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

Housing Prices in Eads, TN

How much do homes in Eads, TN cost?

Median Sold Price

$652,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

-$73,000(-10.1%)

Key Takeaway

Homes in Eads have sold for 10.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$610K
+84.8%
4 $707K$720K
+1.8%
5+ $787.5K$722.5K
-8.3%

Summary: Eads 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 increased by 84.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

Collierville
-1.1%
Arlington
-2.0%
Eads
-10.1%

Housing Supply in Eads, TN

How many homes are available in Eads, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4042+5.0%

Summary: The Eads real estate market had 42 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 1213
+8.3%
5+ 1920
+5.3%

Summary: The Eads 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 8.3%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eads, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Eads in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Eads, 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 18 Days Ago

Newest Listings in Eads, TN

Nearby Markets to Eads, TN

What housing markets are near Eads, TN?