Is La Vergne, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, La Vergne has remained a Seller's Market.
Key Takeaway
La Vergne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in La Vergne, TN cost?
Median Sold Price
$308,250
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$53,250(+20.9%)
Key Takeaway
Homes in La Vergne have sold for 20.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $187.7K | $247.9K | +32.1% |
| 3 Bedrooms | $249.4K | $306.6K | +23.0% |
| 4 Bedrooms | $330K | $421K | +27.6% |
| 5+ Bedrooms | $362.5K | $407K | +12.3% |
How many homes are available in La Vergne, TN?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 145 | 139 | -4.1% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 89 | 84 | -5.6% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 53 | 51 | -3.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Vergne, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 7 Days | 6 Days | -16.1% |
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Vergne are selling fast, if you're buying plan to act quickly.
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