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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodlettsville is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Goodlettsville, TN

How much do homes in Goodlettsville, TN cost?

Median Sold Price

$394,966

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$30,033(-7.1%)

Key Takeaway

Homes in Goodlettsville have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Goodlettsville was $394,966 in February 2024, down 7.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $297.4K$296.2K
-0.4%
3 $399.9K$379.9K
-5.0%
4 $539K$470K
-12.8%
5+ $630K$650K
+3.2%

Summary: Goodlettsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Cities

Hendersonville
+1.5%
Millersville
-3.9%
Goodlettsville
-5.3%
Goodlettsville
-7.1%

Housing Supply in Goodlettsville, TN

How many homes are available in Goodlettsville, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
125131+4.8%

Summary: The Goodlettsville real estate market had 131 homes for sale in February 2024, a 4.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 2330
+30.4%
3 6765
-3.0%
4 2627
+3.8%
5+ 99
0.0%

Summary: The Goodlettsville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2329+26.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goodlettsville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Goodlettsville in February 2024, up by 26.1% month-over-month. Of the 28 sold homes, 57% were sold under asking, 25% were sold at asking, and 18% were sold over asking.

Days on Market for Goodlettsville, TN

How long does it take to sell a home in Goodlettsville, TN?

Average Sale Time

Feb 2023Feb 2024CHANGE
37 Days33 Days-10.8%

Summary: Homes in Goodlettsville had an average of 33 days on market in Feb 2024, down by 10.8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Goodlettsville are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 29 homes were sold in Goodlettsville; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

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