Is Wolf Forest Farms, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wolf Forest Farms is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Wolf Forest Farms was a Seller's Market.

Key Takeaway

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

Housing Prices in Wolf Forest Farms, TN

How much do homes in Wolf Forest Farms, TN cost?

Median Sold Price

$349,437

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$4,612(-1.3%)

Key Takeaway

Homes in Wolf Forest Farms have sold for 1.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $348.7K$338.9K
-2.8%
3 $354.9K$359.9K
+1.4%
4 --
N/A
5+ --
N/A

Summary: Wolf Forest Farms 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 decreased by 2.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Windsor Valley
+7.0%
Wolf Forest Farms
-1.3%
Davies Plantation
-3.1%

Housing Supply in Wolf Forest Farms, TN

How many homes are available in Wolf Forest Farms, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3932-17.9%

Summary: The Wolf Forest Farms real estate market had 32 homes for sale in April 2024, a 17.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 3529
-17.1%
4 00
0.0%
5+ 00
0.0%

Summary: The Wolf Forest Farms 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 decreased by 25%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wolf Forest Farms, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Wolf Forest Farms in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Wolf Forest Farms, 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 18 Days Ago

Newest Listings in Wolf Forest Farms, TN

Nearby Markets to Wolf Forest Farms, TN