$556,500
35.27 Acres
Land
Vickie Turnbow, Listing Office: United Country - Columbia Realty & Auction
Is Hohenwald, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Hohenwald was a Seller's Market.
Key Takeaway
Hohenwald is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hohenwald, TN
How much do homes in Hohenwald, TN cost?
Median Sold Price
$239,900
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$28,100(-10.5%)
Key Takeaway
Homes in Hohenwald have sold for 10.5% less than they did a year ago.
Summary: The median home sold price in Hohenwald was $239,900 in September 2024, down 10.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.2K | $215K | +123.4% |
| 2 Bedrooms | $190K | $167K | -12.1% |
| 3 Bedrooms | $270K | $249.9K | -7.4% |
| 4 Bedrooms | $292.7K | $300K | +2.5% |
| 5+ Bedrooms | $499.9K | $130K | -74.0% |
Summary: Hohenwald housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 123.4%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 74%.
Housing Supply in Hohenwald, TN
How many homes are available in Hohenwald, TN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 70 | 69 | -1.4% |
Summary: The Hohenwald real estate market had 69 homes for sale in September 2024, a 1.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 47 | 45 | -4.3% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hohenwald housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hohenwald, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Hohenwald in September 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Hohenwald, TN
How long does it take to sell a home in Hohenwald, TN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 16 Days | 42 Days | +159.3% |
Summary: Homes in Hohenwald had an average of 42 days on market in Sep 2024, up by 159.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hohenwald are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Hohenwald; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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. 
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