Is Haynes Area, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Haynes Area was a Seller's Market.
Key Takeaway
Haynes Area is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Haynes Area, TN
How much do homes in Haynes Area, TN cost?
Median Sold Price
$429,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Haynes Area have sold for 3% less than they did a year ago.
Summary: The median home sold price in Haynes Area was $429,000 in March 2024, down 3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $354K | $349.1K | -1.4% |
| 3 Bedrooms | $360K | $427K | +18.6% |
| 4 Bedrooms | $590K | $487.5K | -17.4% |
| 5+ Bedrooms | $460K | $539K | +17.2% |
Summary: Haynes Area housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Bordeaux / White's Creek | $406K | $421.1K | +3.7% |
| North Nashville | $555K | $565K | +1.8% |
| Haynes Area | $442.4K | $429K | -3.0% |
Housing Supply in Haynes Area, TN
How many homes are available in Haynes Area, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 31 | +29.2% |
Summary: The Haynes Area real estate market had 31 homes for sale in March 2024, a 29.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Haynes Area 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 increased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 125%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haynes Area, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Haynes Area in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Haynes Area, TN
How long does it take to sell a home in Haynes Area, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 17 Days | -36.9% |
Summary: Homes in Haynes Area had an average of 17 days on market in Mar 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
4 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 Haynes Area are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Haynes Area; 80% of homes were sold within 30 days, 20% 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.