Is Ten Mile, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ten Mile is a buyer's market

Buyer's
Market

Difference Since April 2021

At the same time last year, Ten Mile was a Seller's Market.

Key Takeaway

Ten Mile is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Ten Mile, TN cost?

Median Sold Price

$295,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$20,000(+7.3%)

Key Takeaway

Homes in Ten Mile have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $192K$242K
+26.0%
2 $270.1K$213K
-21.1%
3 $255K$325K
+27.5%
4 $482.5K$582.4K
+20.7%
5+ $619.9K$425K
-31.4%

How many homes are available in Ten Mile, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
2230+36.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 33
0.0%
2 710
+42.9%
3 1116
+45.5%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ten Mile, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Ten Mile, TN

There are 30 homes are for sale in Ten Mile, TN real estate market. Between March 2022 and April 2022, Ten Mile, TN real estate market has seen increase in the number of listings by 36.4%. This housing market listing prices have changed between March 2022 and April 2022: 1 bedroom properties prices increased by 26%, prices of 2 bedrooms properties went down by 21.1%, 3 bedrooms properties prices increased by 27.5%, prices of 4 bedrooms properties increased by 20.7%, prices of 5 bedrooms properties went down by 31.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 42.9%, 3 bedrooms homes became 45.5% more available, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In April 2022, from all listings sold in Ten Mile, TN there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.