Is William Chapel, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing William Chapel is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, William Chapel was a Seller's Market.

Key Takeaway

William Chapel is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in William Chapel, TN

How much do homes in William Chapel, TN cost?

Median Sold Price

$182,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$2,000(+1.1%)

Key Takeaway

Homes in William Chapel have sold for 1.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K-
N/A
4 -$182K
N/A
5+ --
N/A

Summary: William Chapel 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in William Chapel, TN

How many homes are available in William Chapel, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The William Chapel real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The William Chapel 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in William Chapel, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in William Chapel in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for William Chapel, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in William Chapel, TN

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