Is High Point Terrace, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, High Point Terrace was a Buyer's Market.
Housing Prices in High Point Terrace, TN
How much do homes in High Point Terrace, TN cost?
Median Sold Price
$351,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $89K | N/A |
2 Bedrooms | $292.5K | $275K | -6.0% |
3 Bedrooms | $385K | $359.9K | -6.5% |
4 Bedrooms | $690K | $475K | -31.2% |
5+ Bedrooms | - | - | N/A |
Summary: High Point Terrace 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 6%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 31.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
High Point Terrace | $410K | $351K | -14.4% |
Grahamwood | $143K | $112K | -21.7% |
Housing Supply in High Point Terrace, TN
How many homes are available in High Point Terrace, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 47 | +46.9% |
Summary: The High Point Terrace real estate market had 47 homes for sale in April 2024, a 46.9% 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 | 12 | +100.0% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The High Point Terrace 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 100%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in High Point Terrace in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for High Point Terrace, TN
We’re sorry, we don't have information for this market at the moment