Is Lupton City, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lupton City is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lupton City was a Buyer's Market.

Key Takeaway

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

Housing Prices in Lupton City, TN

How much do homes in Lupton City, TN cost?

Median Sold Price

$244,600

$254/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$82,400(-25.2%)

Key Takeaway

Homes in Lupton City have sold for 25.2% less than they did a month ago.

Summary: The median home sold price in Lupton City was $244,600 in March 2024, down 25.2% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $327K$244.6K
-25.2%
3 -$252.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Lupton City housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lupton City, TN

How many homes are available in Lupton City, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The Lupton City real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lupton City 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lupton City, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lupton City in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Lupton City, TN

How long does it take to sell a home in Lupton City, TN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lupton City has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Lupton City; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Lupton City, TN

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