Is Fieldstone Farms, 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, Fieldstone Farms has remained a Seller's Market.
Key Takeaway
Fieldstone Farms is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fieldstone Farms, TN
How much do homes in Fieldstone Farms, TN cost?
Median Sold Price
$654,500
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fieldstone Farms have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Fieldstone Farms was $654,500 in April 2024, up 0.7% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $450K | $431.5K | -4.1% |
| 3 Bedrooms | $550K | $602.5K | +9.5% |
| 4 Bedrooms | $815K | $747.5K | -8.3% |
| 5+ Bedrooms | $997K | $950K | -4.7% |
Summary: Fieldstone Farms 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 decreased by 4.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in Fieldstone Farms, TN
How many homes are available in Fieldstone Farms, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Fieldstone Farms real estate market had 29 homes for sale in April 2024, a 3.6% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Fieldstone Farms 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 18.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fieldstone Farms, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Fieldstone Farms in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Fieldstone Farms, TN
How long does it take to sell a home in Fieldstone Farms, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 7 Days | -71.6% |
Summary: Homes in Fieldstone Farms had an average of 7 days on market in Apr 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fieldstone Farms are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Fieldstone Farms; 83% of homes were sold within 30 days, 17% 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.