Is Piperton, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Piperton was a Neutral Market.
Key Takeaway
Piperton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Piperton, TN
How much do homes in Piperton, TN cost?
Median Sold Price
$603,750
-
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Piperton have sold for 1% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $625K | N/A |
| 4 Bedrooms | $617.4K | $526.2K | -14.8% |
| 5+ Bedrooms | $609.9K | $1.2M | +109.9% |
Summary: Piperton housing prices by bedroom type for March 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 decreased by 14.8%, and 5+ bedroom homes increased by 109.9%.
Median Sold Price Compared To Nearby Cities
| Piperton | $609.9K | $603.7K | -1.0% |
| Collierville | $531K | $524.9K | -1.1% |
Housing Supply in Piperton, TN
How many homes are available in Piperton, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Summary: The Piperton real estate market had 23 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Piperton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Piperton, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Piperton in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Piperton, TN
We’re sorry, we don't have information for this market at the moment
