Is Indian Shadows, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Shadows is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Indian Shadows was a Buyer's Market.

Key Takeaway

Indian Shadows is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Indian Shadows, TN

How much do homes in Indian Shadows, TN cost?

Median Sold Price

$800,000

$153/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$275,000(-25.6%)

Key Takeaway

Homes in Indian Shadows have sold for 25.6% less than they did a month ago.

Summary: The median home sold price in Indian Shadows was $800,000 in April 2024, down 25.6% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.0M$800K
-25.6%
5+ --
N/A

Summary: Indian Shadows 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 did not change, 4 bedroom homes decreased by 25.6%, and 5+ bedroom homes did not change.

Housing Supply in Indian Shadows, TN

How many homes are available in Indian Shadows, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1312-7.7%

Summary: The Indian Shadows real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 76
-14.3%
5+ 00
0.0%

Summary: The Indian Shadows 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 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Shadows, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Indian Shadows in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Indian Shadows, TN

How long does it take to sell a home in Indian Shadows, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
11 Days193 Days+1654.5%

Summary: Homes in Indian Shadows had an average of 193 days on market in Apr 2024, up by 1654.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Indian Shadows are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Indian Shadows; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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