Is Poplar Estates, 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, Poplar Estates was a Seller's Market.
Key Takeaway
Poplar Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Poplar Estates, TN
How much do homes in Poplar Estates, TN cost?
Median Sold Price
$494,500
-
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Poplar Estates have sold for 16.4% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $425K | $489K | +15.1% |
| 5+ Bedrooms | - | $500K | N/A |
Summary: Poplar 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 increased by 15.1%, and 5+ bedroom homes did not change.
Housing Supply in Poplar Estates, TN
How many homes are available in Poplar Estates, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Summary: The Poplar Estates real estate market had 20 homes for sale in April 2024, a 81.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Poplar 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 increased by 100%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Poplar Estates, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Poplar Estates in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Poplar Estates, TN
We’re sorry, we don't have information for this market at the moment
