Is Maplewood Heights, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maplewood Heights is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Maplewood Heights, TN

How much do homes in Maplewood Heights, TN cost?

Median Sold Price

$545,000

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,050(+7.9%)

Key Takeaway

Homes in Maplewood Heights have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Maplewood Heights was $545,000 in April 2024, up 7.9% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $450K$555K
+23.3%
3 $477.4K$465.1K
-2.6%
4 $595K$545K
-8.4%
5+ --
N/A

Summary: Maplewood Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Maplewood Heights
+7.9%
East Nashville
-4.7%

Housing Supply in Maplewood Heights, TN

How many homes are available in Maplewood Heights, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
25+150.0%

Summary: The Maplewood Heights real estate market had 5 homes for sale in April 2024, a 150.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Maplewood Heights 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 increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Maplewood Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Maplewood Heights in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Maplewood Heights, TN

How long does it take to sell a home in Maplewood Heights, TN?

Average Sale Time

Apr 2023Apr 2024CHANGE
0 Days10 Days+1900.0%

Summary: Homes in Maplewood Heights had an average of 10 days on market in Apr 2024, up by 1900% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Maplewood Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Maplewood Heights; 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.

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

Report Updated 4 Days Ago

Newest Listings in Maplewood Heights, TN

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