Is Lascassas, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lascassas is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Lascassas has remained a Seller's Market.

Key Takeaway

Lascassas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lascassas, TN cost?

Median Sold Price

$474,150

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$101,250(+27.2%)

Key Takeaway

Homes in Lascassas have sold for 27.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $310K$420K
+35.5%
3 $333K$405.5K
+21.8%
4 $407.3K$520K
+27.7%
5+ $444.9K$475K
+6.8%

Median Sold Price Compared To Nearby Cities

Milton
+42.8%
Lascassas
+27.2%

How many homes are available in Lascassas, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
32320.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 21
-50.0%
3 1515
0.0%
4 1414
0.0%
5+ 12
+100.0%

Number of Homes Sold

Jul 2022Aug 2022%
660.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lascassas, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
3 Days9 Days+168.2%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lascassas are selling fast, if you're buying plan to act quickly.

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

About Lascassas, TN

Homes for sale in Lascassas, TN have reached 32. The median list price of listings available in August 2022 was $474,150, while the average time on the real estate market was 9 days. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 35.5% more expensive, 3 bedrooms properties became 21.8% more expensive, 4 bedrooms properties became 27.7% more expensive, prices of 5 bedrooms properties went up by 6.8%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 50%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went up by 100%. Over 2 listings were sold over their listed price in August 2022 in Lascassas, TN. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.