Is Mount Juliet, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Juliet is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Mount Juliet has remained a Seller's Market.

Key Takeaway

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

How much do homes in Mount Juliet, TN cost?

Median Sold Price

$465,209

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$76,880(+19.8%)

Key Takeaway

Homes in Mount Juliet have sold for 19.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $230K$354.4K
+54.1%
2 $319.4K$375K
+17.4%
3 $355.7K$435K
+22.3%
4 $451.5K$539.9K
+19.6%
5+ $516.2K$632.8K
+22.6%

Median Sold Price Compared To Nearby Cities

Old Hickory
+23.7%
Mount Juliet
+19.8%
Hermitage
+19.5%
Lebanon
+14.6%

How many homes are available in Mount Juliet, TN?

Number of Homes For Sale

Aug 2022Sep 2022%
158161+1.9%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 21
-50.0%
2 1211
-8.3%
3 8684
-2.3%
4 4346
+7.0%
5+ 1519
+26.7%

Number of Homes Sold

Aug 2022Sep 2022%
4448+9.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Juliet, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
7 Days14 Days+107.5%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Juliet are selling fast, if you're buying plan to act quickly.

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

About Mount Juliet, TN

Homes for sale in Mount Juliet, TN have reached 161. The inventory of homes for sale in Mount Juliet, TN between August 2022 and September 2022 increased by 1.9%. In September 2022, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $465,209. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties increased by 54.1%, the cost of 2 bedrooms properties went up by 17.4%, 3 bedrooms properties became 22.3% more expensive, the cost of 4 bedrooms properties went up by 19.6%, 5 bedrooms properties prices increased by 22.6%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 50%, volume of 2 bedrooms homes went down by 8.3%, 3 bedrooms homes inventory decreased by 2.3%, 4 bedrooms homes became 7% more available, 5 bedrooms homes became 26.7% more available. In September 2022, from all listings sold in Mount Juliet, TN there were more than 10 sold above asking price, over 26 sold below and more than 12 were sold right at the asked price.

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