Is Hollywood / Hyde Park / Springdale, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hollywood / Hyde Park / Springdale has remained a Buyer's Market.
Key Takeaway
Hollywood / Hyde Park / Springdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood / Hyde Park / Springdale, TN
How much do homes in Hollywood / Hyde Park / Springdale, TN cost?
Median Sold Price
$110,000
-
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hollywood / Hyde Park / Springdale have sold for 60.6% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | - | N/A |
| 3 Bedrooms | $45K | $110K | +144.4% |
| 4 Bedrooms | $88.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hollywood / Hyde Park / Springdale housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 144.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rhodes / Hollywood / Springdale | $46.5K | $79.7K | +71.5% |
| Hollywood / Hyde Park / Springdale | $68.5K | $110K | +60.6% |
| Raleigh | $152.4K | $140K | -8.2% |
Housing Supply in Hollywood / Hyde Park / Springdale, TN
How many homes are available in Hollywood / Hyde Park / Springdale, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The Hollywood / Hyde Park / Springdale real estate market had 27 homes for sale in April 2024, a 6.9% decrease 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hollywood / Hyde Park / Springdale 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood / Hyde Park / Springdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hollywood / Hyde Park / Springdale in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hollywood / Hyde Park / Springdale, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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