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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Mount Pleasant was a Seller's Market.

Key Takeaway

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

How much do homes in Mount Pleasant, TN cost?

Median Sold Price

$237,750

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$25,750(+12.1%)

Key Takeaway

Homes in Mount Pleasant have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $117K$190K
+62.4%
3 $219K$258K
+17.8%
4 $236.5K$295.3K
+24.9%
5+ $349.9K$472.5K
+35.0%

Median Sold Price Compared To Nearby Cities

Columbia
+30.5%
Mount Pleasant
+12.1%

How many homes are available in Mount Pleasant, TN?

Number of Homes For Sale

Sep 2022Oct 2022%
3531-11.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 85
-37.5%
3 1816
-11.1%
4 57
+40.0%
5+ 43
-25.0%

Number of Homes Sold

Sep 2022Oct 2022%
84-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
29 Days14 Days-51.2%

Breakdown of Home Sale Times

4 Homes Were 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 Mount Pleasant 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 Pleasant, TN

Mount Pleasant, TN has 31 homes on the market. Between September 2022 and October 2022, Mount Pleasant, TN real estate market has seen decrease in the number of listings by 11.4%. While the average time on the market in October 2022 was 14 days, the median list price was $237,750. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 62.4%, 3 bedrooms properties became 17.8% more expensive, prices of 4 bedrooms properties increased by 24.9%, 5 bedrooms properties prices increased by 35%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 37.5%, volume of 3 bedrooms homes went down by 11.1%, 4 bedrooms homes inventory increased by 40%, 5 bedrooms homes inventory decreased by 25%. While more than 0 listings in Mount Pleasant, TN in October 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below.

Related Housing Market Reports