Is Ridgedale / Oak Grove / Clifton Hills, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ridgedale / Oak Grove / Clifton Hills has remained a Seller's Market.
Housing Prices in Ridgedale / Oak Grove / Clifton Hills, TN
How much do homes in Ridgedale / Oak Grove / Clifton Hills, TN cost?
Median Sold Price
$279,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ridgedale / Oak Grove / Clifton Hills was $279,900 in April 2024, up 19.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $279.9K | N/A |
2 Bedrooms | $130K | $160K | +23.1% |
3 Bedrooms | $267.5K | $241K | -9.9% |
4 Bedrooms | $315K | $375K | +19.0% |
5+ Bedrooms | $360K | - | N/A |
Summary: Ridgedale / Oak Grove / Clifton Hills 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 increased by 23.1%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Ridgedale / Oak Grove / Clifton Hills | $235K | $279.9K | +19.1% |
Highland Park | $355K | $365K | +2.8% |
Housing Supply in Ridgedale / Oak Grove / Clifton Hills, TN
How many homes are available in Ridgedale / Oak Grove / Clifton Hills, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 77 | +57.1% |
Summary: The Ridgedale / Oak Grove / Clifton Hills real estate market had 77 homes for sale in April 2024, a 57.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 19 | 36 | +89.5% |
3 Bedrooms | 17 | 29 | +70.6% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ridgedale / Oak Grove / Clifton Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 89.5%, 3 bedroom homes increased by 70.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Ridgedale / Oak Grove / Clifton Hills in April 2024, up by 7.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 50% were sold at asking, and 21% were sold over asking.
Days on Market for Ridgedale / Oak Grove / Clifton Hills, TN
We’re sorry, we don't have information for this market at the moment