Is Historic Buena Vista, 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, Historic Buena Vista was a Seller's Market.
Key Takeaway
Historic Buena Vista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Historic Buena Vista, TN
How much do homes in Historic Buena Vista, TN cost?
Median Sold Price
$855,000
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Historic Buena Vista have sold for 29.1% more than they did a year ago.
Summary: The median home sold price in Historic Buena Vista was $855,000 in April 2024, up 29.1% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450.2K | - | N/A |
| 2 Bedrooms | $665K | $605K | -9.0% |
| 3 Bedrooms | $755K | $855K | +13.2% |
| 4 Bedrooms | $1.2M | $1.2M | -4.8% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Historic Buena Vista 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 9%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Historic Buena Vista | $662.5K | $855K | +29.1% |
| Germantown | $595K | $690K | +16.0% |
| Hope Gardens | $519.5K | $547.5K | +5.4% |
| North Nashville | $555K | $564.6K | +1.7% |
Housing Supply in Historic Buena Vista, TN
How many homes are available in Historic Buena Vista, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Historic Buena Vista real estate market had 11 homes for sale in April 2024, a 21.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Historic Buena Vista 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Buena Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Historic Buena Vista in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Historic Buena Vista, TN
How long does it take to sell a home in Historic Buena Vista, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 33 Days | -40.5% |
Summary: Homes in Historic Buena Vista had an average of 33 days on market in Apr 2024, down by 40.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Historic Buena Vista has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Historic Buena Vista; 0% of homes were sold within 30 days, 100% 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.