Is Oak Hill, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Hill is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Oak Hill, TN cost?

Median Sold Price

$1,275,000

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$144,000(+12.7%)

Key Takeaway

Homes in Oak Hill have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $442.7K$509.9K
+15.2%
3 $648.7K$850.2K
+31.1%
4 $835K$1.1M
+35.6%
5+ $1.8M$3.0M
+59.9%

Median Sold Price Compared To Nearby Cities

Forest Hills
+34.0%
Brentwood
+30.6%
Nashville
+18.2%
Oak Hill
+12.7%

How many homes are available in Oak Hill, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
1924+26.3%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 46
+50.0%
5+ 711
+57.1%

Number of Homes Sold

Mar 2022Apr 2022%
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Hill, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
35 Days19 Days-45.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oak Hill 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.

New

4025 Crestridge Dr, Nashville, TN 37204

4025 Crestridge Dr, Nashville, TN 37204

$1,980,000
2,905 SqFt
4 Bedrooms
~$8,850/mo.*3 Full Baths
Robert Diehl#2390261Listing Office:
VILLAGEMLS logo

New

5028 Franklin Pike, Nashville, TN 37220

5028 Franklin Pike, Nashville, TN 37220

$5,800,000
11,778 SqFt
7 Bedrooms
~$26,000/mo.*10 Full Baths, 2 Partial
Mona Wilson#2389734Listing Office:
RE/MAX Homes And EstatesMLS logo
3513 Pleasant Valley Rd, Nashville, TN 37204

3513 Pleasant Valley Rd, Nashville, TN 37204

$875,000
0.44 Acres 
~$3,900/mo.*
Kristie Gogo#2388027Listing Office:
Williamson Real EstateMLS logo
828 Old Hickory Blvd, Brentwood, TN 37027

828 Old Hickory Blvd, Brentwood, TN 37027

$1,500,000
3,132 SqFt
4 Bedrooms
~$6,700/mo.*3 Full Baths
Linda Chancey#2387323Listing Office:
Pilkerton RealtorsMLS logo
865 Hillhaven Ct, Nashville, TN 37220

865 Hillhaven Ct, Nashville, TN 37220

$3,200,000
5,169 SqFt
4 Bedrooms
~$14,350/mo.*4 Full Baths, 1 Partial
John Lott#2383127Listing Office:
Main Street Real EstateMLS logo
4805 Churchwood Dr, Nashville, TN 37220

4805 Churchwood Dr, Nashville, TN 37220

$5,390,000
8,713 SqFt
5 Bedrooms
~$24,150/mo.*6 Full Baths, 2 Partial
Lee C Williams#2382524Listing Office:
Williams & CompanyMLS logo
888 Forest Acres Dr, Nashville, TN 37220

888 Forest Acres Dr, Nashville, TN 37220

$895,000
2,728 SqFt
3 Bedrooms
~$4,000/mo.*3 Full Baths
Michael Hays#2382256Listing Office:
Adaro RealtyMLS logo

Backup Offers

3712 Mcconnell St, Nashville, TN 37204

3712 Mcconnell St, Nashville, TN 37204

$1,200,000
3,200 SqFt
5 Bedrooms
~$5,400/mo.*3 Full Baths
Paul L Riggan#2382057Listing Office:
The Wilson Group Real Estate ServicesMLS logo

Backup Offers

4406A Lealand Ln, Nashville, TN 37204

4406A Lealand Ln, Nashville, TN 37204

$1,695,000
4,577 SqFt
4 Bedrooms
~$7,600/mo.*4 Full Baths, 3 Partial
Caroline Smith#2381883Listing Office:
PARKSMLS logo
4217 Morriswood Dr, Nashville, TN 37204

4217 Morriswood Dr, Nashville, TN 37204

$1,350,000
2,853 SqFt
4 Bedrooms
~$6,050/mo.*3 Full Baths
Kyle H. Felts#2380795Listing Office:
Bradford Real EstateMLS logo

Backup Offers

1016B Glendale Ln, Nashville, TN 37204

1016B Glendale Ln, Nashville, TN 37204

$1,609,900
3,850 SqFt
4 Bedrooms
~$7,200/mo.*4 Full Baths
Alisa T. Neill#2380731Listing Office:
simpliHOMMLS logo
809 Brentview Dr, Nashville, TN 37220

809 Brentview Dr, Nashville, TN 37220

$1,795,000
2,510 SqFt
4 Bedrooms
~$8,050/mo.*3 Full Baths
Clay Tate#2380438Listing Office:
VILLAGEMLS logo

About Oak Hill, TN

Homes for sale in Oak Hill, TN have reached 24. In April 2022 in Oak Hill, TN there were 26.3% more homes for sale than in March 2022. In April 2022 median list price was $1,275,000 and the average listing age was 19 days. Between March 2022 and April 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 15.2% more expensive, the cost of 3 bedrooms properties went up by 31.1%, prices of 4 bedrooms properties increased by 35.6%, prices of 5 bedrooms properties went up by 59.9%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 12.5%, number of 4 bedrooms homes increased by 50%, number of 5 bedrooms homes increased by 57.1%. In April 2022, from all listings sold in Oak Hill, TN there were more than 3 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 05/01/2020 - 05/01/2022

IDX© 2022 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 9:15:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Related Housing Market Reports