Is Readyville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Readyville is a seller's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Readyville was a Buyer's Market.

Key Takeaway

Readyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Readyville, TN

How much do homes in Readyville, TN cost?

Median Sold Price

$350,625

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$194,275(-35.7%)

Key Takeaway

Homes in Readyville have sold for 35.7% less than they did a year ago.

Summary: The median home sold price in Readyville was $350,625 in June 2024, down 35.7% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$162K
N/A
2 $297K$319.9K
+7.7%
3 $544.9K$371.2K
-31.9%
4 $612K$615K
0.5%
5+ --
N/A

Summary: Readyville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 31.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Christiana
-0.5%
Readyville
-35.7%

Housing Supply in Readyville, TN

How many homes are available in Readyville, TN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1415+7.1%

Summary: The Readyville real estate market had 15 homes for sale in June 2024, a 7.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 02
+100.0%
2 22
0.0%
3 98
-11.1%
4 22
0.0%
5+ 11
0.0%

Summary: The Readyville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Readyville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Readyville in June 2024, up by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Readyville, TN

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

Average Sale Time

Jun 2023Jun 2024CHANGE
7 Days27 Days+294.3%

Summary: Homes in Readyville had an average of 27 days on market in Jun 2024, up by 294.3% compared to last year.

Breakdown of Home Sale Times

4 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

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

Summary: During June 2024, 5 homes were sold in Readyville; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 26 Days Ago

Newest Listings in Readyville, TN

Nearby Markets to Readyville, TN

What housing markets are near Readyville, TN?