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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodlettsville is a buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Goodlettsville was a Seller's Market.

Key Takeaway

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

Housing Prices in Goodlettsville, TN

How much do homes in Goodlettsville, TN cost?

Median Sold Price

$397,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$2,986(-0.7%)

Key Takeaway

Homes in Goodlettsville have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Goodlettsville was $397,000 in June 2024, down 0.7% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $219K$325K
+48.4%
2 $291.2K$299.5K
+2.8%
3 $384.9K$369.9K
-3.9%
4 $500.8K$489.9K
-2.2%
5+ $689.9K$650K
-5.8%

Summary: Goodlettsville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

Greenbrier
+12.3%
Ridgetop
+2.0%
Goodlettsville
-0.7%
Goodlettsville
-1.4%
Millersville
-6.5%

Housing Supply in Goodlettsville, TN

How many homes are available in Goodlettsville, TN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
150149-0.7%

Summary: The Goodlettsville real estate market had 149 homes for sale in June 2024, a 0.7% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 2020
0.0%
3 7373
0.0%
4 4039
-2.5%
5+ 1616
0.0%

Summary: The Goodlettsville housing inventory by bedroom type for June 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 decreased by 2.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
4021-47.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goodlettsville, expect to pay close to the asking price. 47.6% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Goodlettsville in June 2024, down by 47.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 48% were sold at asking, and 19% 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

Jun 2023Jun 2024CHANGE
42 Days16 Days-61.6%

Summary: Homes in Goodlettsville had an average of 16 days on market in Jun 2024, down by 61.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 June 2024, 21 homes were sold in Goodlettsville; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% 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 26 Days Ago

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