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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Shade is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Pleasant Shade, TN

How much do homes in Pleasant Shade, TN cost?

Median Sold Price

$293,603

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,847(-1.3%)

Key Takeaway

Homes in Pleasant Shade have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Pleasant Shade was $293,603 in April 2024, down 1.3% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$290.2K
N/A
2 $225K$200K
-11.1%
3 $297.4K$339.9K
+14.3%
4 $1.0M$350K
-66.3%
5+ $90K$487.4K
+441.6%

Summary: Pleasant Shade housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 66.3%, and 5+ bedroom homes increased by 441.6%.

Median Sold Price Compared To Nearby Cities

Hartsville
+16.7%
Pleasant Shade
-1.3%

Housing Supply in Pleasant Shade, TN

How many homes are available in Pleasant Shade, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Pleasant Shade real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 86
-25.0%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Pleasant Shade 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 Pleasant Shade, 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 Pleasant Shade in April 2024, down by 66.7% month-over-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 Pleasant Shade, TN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days177 Days+1297.4%

Summary: Homes in Pleasant Shade had an average of 177 days on market in Apr 2024, up by 1297.4% compared to last year.

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 Pleasant Shade 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 Pleasant Shade; 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 9 Days Ago

Newest Listings in Pleasant Shade, TN

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