Is Lenox Creekside, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lenox Creekside has remained a Seller's Market.
Housing Prices in Lenox Creekside, TN
How much do homes in Lenox Creekside, TN cost?
Median Sold Price
$296,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lenox Creekside was $296,000 in March 2024, up 1.2% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.4K | $224K | -10.2% |
2 Bedrooms | $310K | $295K | -4.8% |
3 Bedrooms | $369.5K | $380K | +2.8% |
4 Bedrooms | - | $390K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Lenox Creekside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Lenox Creekside | $292.5K | $296K | +1.2% |
Sugar Valley | $537.5K | $534.9K | -0.5% |
Southeast | $450K | $446K | -0.9% |
Housing Supply in Lenox Creekside, TN
How many homes are available in Lenox Creekside, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The Lenox Creekside real estate market had 9 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lenox Creekside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lenox Creekside in March 2024, up by 200.0% 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 Lenox Creekside, TN
How long does it take to sell a home in Lenox Creekside, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 6 Days | -57.8% |
Summary: Homes in Lenox Creekside had an average of 6 days on market in Mar 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Lenox Creekside; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.