Is Rangeline, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rangeline has remained a Seller's Market.
Key Takeaway
Rangeline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rangeline, TN
How much do homes in Rangeline, TN cost?
Median Sold Price
$102,000
-
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rangeline have sold for 6.8% 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 | - | $40K | N/A |
| 3 Bedrooms | $99.7K | $109K | +9.3% |
| 4 Bedrooms | $63K | $97K | +54.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rangeline 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 increased by 9.3%, 4 bedroom homes increased by 54%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rangeline | $95.5K | $102K | +6.8% |
| Woodstock | $200.5K | $199K | -0.7% |
Housing Supply in Rangeline, TN
How many homes are available in Rangeline, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Summary: The Rangeline real estate market had 33 homes for sale in April 2024, a 13.2% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 30 | 22 | -26.7% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rangeline 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 26.7%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rangeline, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Rangeline in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Rangeline, TN
We’re sorry, we don't have information for this market at the moment
