Is Hickory Valley / Hamilton Place, 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, Hickory Valley / Hamilton Place has remained a Seller's Market.
Housing Prices in Hickory Valley / Hamilton Place, TN
How much do homes in Hickory Valley / Hamilton Place, TN cost?
Median Sold Price
$344,900
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hickory Valley / Hamilton Place was $344,900 in April 2024, down 4.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172K | - | N/A |
2 Bedrooms | $244.5K | $256.7K | +5.0% |
3 Bedrooms | $348K | $332K | -4.6% |
4 Bedrooms | $424.1K | $395K | -6.9% |
5+ Bedrooms | $475.7K | $615K | +29.3% |
Summary: Hickory Valley / Hamilton Place 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 increased by 5%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 29.3%.
Housing Supply in Hickory Valley / Hamilton Place, TN
How many homes are available in Hickory Valley / Hamilton Place, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 96 | +10.3% |
Summary: The Hickory Valley / Hamilton Place real estate market had 96 homes for sale in April 2024, a 10.3% 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 | 6 | 22 | +266.7% |
3 Bedrooms | 44 | 43 | -2.3% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Hickory Valley / Hamilton Place 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 increased by 266.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 17 | -46.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Hickory Valley / Hamilton Place in April 2024, down by 46.9% month-over-month. Of the 17 sold homes, 47% were sold under asking, 6% were sold at asking, and 47% were sold over asking.
Days on Market for Hickory Valley / Hamilton Place, TN
How long does it take to sell a home in Hickory Valley / Hamilton Place, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 4 Days | +31.0% |
Summary: Homes in Hickory Valley / Hamilton Place had an average of 4 days on market in Apr 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Hickory Valley / Hamilton Place; 24% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.