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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakdale is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Oakdale was a Seller's Market.

Key Takeaway

Oakdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oakdale, TN

How much do homes in Oakdale, TN cost?

Median Sold Price

$135,000

$111/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$212,000(-61.1%)

Key Takeaway

Homes in Oakdale have sold for 61.1% less than they did a month ago.

Summary: The median home sold price in Oakdale was $135,000 in April 2024, down 61.1% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $347K-
N/A
3 -$135K
N/A
4 --
N/A
5+ --
N/A

Summary: Oakdale housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oakdale, TN

How many homes are available in Oakdale, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36+100.0%

Summary: The Oakdale real estate market had 6 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 25
+150.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Oakdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakdale, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Oakdale in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Oakdale, TN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
106 Days193 Days+82.1%

Summary: Homes in Oakdale had an average of 193 days on market in Apr 2024, up by 82.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Oakdale are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Oakdale; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

Newest Listings in Oakdale, TN

Nearby Markets to Oakdale, TN