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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mooresburg is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Mooresburg has remained a Buyer's Market.

Key Takeaway

Mooresburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Mooresburg, TN cost?

Median Sold Price

$500,000

$254/sqft

Based on all homes sold in July 2022.

Difference Since Last Month

+$300,000(+150.0%)

Key Takeaway

Homes in Mooresburg have sold for 150% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJun 2022Jul 2022%
1 --
N/A
2 -$485K
N/A
3 -$515K
N/A
4 $200K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Mooresburg
+150.0%
Whitesburg
0.0%
Russellville
-19.1%

How many homes are available in Mooresburg, TN?

Number of Homes For Sale

Jun 2022Jul 2022%
1417+21.4%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 88
0.0%
3 58
+60.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Mooresburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

About Mooresburg, TN

Homes for sale in Mooresburg, TN have reached 17. The number of listings in Mooresburg, TN increased by 21.4% between June 2022 and July 2022. Between July 2021 and July 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 60% more available, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes stayed the same. In July 2022 more than 0 listings in Mooresburg, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.

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