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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nolensville is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Nolensville, TN

How much do homes in Nolensville, TN cost?

Median Sold Price

$753,250

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$3,255(+0.4%)

Key Takeaway

The sold price of homes in Nolensville has remained the same since last year.

Summary: The median home sold price in Nolensville was $753,250 in June 2024, up 0.4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $330.7K$381.3K
+15.3%
3 $592K$582.4K
-1.6%
4 $790K$837.5K
+6.0%
5+ $1.0M$1.1M
+11.1%

Summary: Nolensville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Cities

Nolensville
0.4%
Brentwood
-1.1%

Housing Supply in Nolensville, TN

How many homes are available in Nolensville, TN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
191216+13.1%

Summary: The Nolensville real estate market had 216 homes for sale in June 2024, a 13.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1934
+78.9%
3 4944
-10.2%
4 8699
+15.1%
5+ 3739
+5.4%

Summary: The Nolensville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 78.9%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 5.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
41410.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nolensville, you may be able to get a good deal. 43.9% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Nolensville in June 2024, the same as the previous month. Of the 41 sold homes, 44% were sold under asking, 41% were sold at asking, and 15% were sold over asking.

Days on Market for Nolensville, TN

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

Average Sale Time

Jun 2023Jun 2024CHANGE
29 Days19 Days-35.9%

Summary: Homes in Nolensville had an average of 19 days on market in Jun 2024, down by 35.9% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 41 homes were sold in Nolensville; 68% of homes were sold within 30 days, 32% 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 26 Days Ago

Newest Listings in Nolensville, TN

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