Is Millersville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Millersville was a Seller's Market.
Key Takeaway
Millersville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Millersville, TN
How much do homes in Millersville, TN cost?
Median Sold Price
$362,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Millersville have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Millersville was $362,000 in March 2024, down 3.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | - | N/A |
| 2 Bedrooms | $232.5K | $250K | +7.5% |
| 3 Bedrooms | $375K | $351K | -6.4% |
| 4 Bedrooms | $502.5K | $415K | -17.4% |
| 5+ Bedrooms | $540K | $560K | +3.7% |
Summary: Millersville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| White House | $395K | $389.8K | -1.3% |
| Ridgetop | $412.4K | $399.4K | -3.2% |
| Millersville | $375K | $362K | -3.5% |
| Goodlettsville | $414K | $394K | -4.8% |
| Goodlettsville | $418.1K | $394.7K | -5.6% |
Housing Supply in Millersville, TN
How many homes are available in Millersville, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Millersville real estate market had 24 homes for sale in March 2024, a 11.1% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Millersville 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 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millersville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Millersville in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Millersville, TN
How long does it take to sell a home in Millersville, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 22 Days | -64.3% |
Summary: Homes in Millersville had an average of 22 days on market in Mar 2024, down by 64.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millersville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Millersville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.