Is Poplar Creek Estates, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poplar Creek Estates is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Poplar Creek Estates was a Seller's Market.

Key Takeaway

Poplar Creek Estates 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 Poplar Creek Estates, TN

How much do homes in Poplar Creek Estates, TN cost?

Median Sold Price

$585,000

$197/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$5,000(-0.8%)

Key Takeaway

Homes in Poplar Creek Estates have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in Poplar Creek Estates was $585,000 in April 2024, down 0.8% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $582.5K-
N/A
4 $622.4K$585K
-6.0%
5+ --
N/A

Summary: Poplar Creek Estates 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 decreased by 6%, and 5+ bedroom homes did not change.

Housing Supply in Poplar Creek Estates, TN

How many homes are available in Poplar Creek Estates, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
86-25.0%

Summary: The Poplar Creek Estates real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Poplar Creek Estates 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 remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poplar Creek Estates, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Poplar Creek Estates in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Poplar Creek Estates, TN

How long does it take to sell a home in Poplar Creek Estates, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
1 Days2 Days+20.0%

Summary: Homes in Poplar Creek Estates had an average of 2 days on market in Apr 2024, up by 20% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Poplar Creek Estates; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

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