Is Ten Mile, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ten Mile was a Seller's Market.
Housing Prices in Ten Mile, TN
How much do homes in Ten Mile, TN cost?
Median Sold Price
$425,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ten Mile was $425,000 in March 2024, up 6.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285.9K | $209.9K | -26.6% |
2 Bedrooms | $292.5K | $221.7K | -24.2% |
3 Bedrooms | $425K | $385K | -9.4% |
4 Bedrooms | $842.4K | $647.5K | -23.1% |
5+ Bedrooms | $962.5K | $615K | -36.1% |
Summary: Ten Mile housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes decreased by 24.2%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 36.1%.
Housing Supply in Ten Mile, TN
How many homes are available in Ten Mile, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 36 | +12.5% |
Summary: The Ten Mile real estate market had 36 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Ten Mile housing inventory by bedroom type for March 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 20%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Ten Mile in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Ten Mile, TN
How long does it take to sell a home in Ten Mile, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
167 Days | 7 Days | -95.8% |
Summary: Homes in Ten Mile had an average of 7 days on market in Mar 2024, down by 95.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Ten Mile; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.