Is Woodmore / Dalewood, 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, Woodmore / Dalewood has remained a Seller's Market.
Key Takeaway
Woodmore / Dalewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodmore / Dalewood, TN
How much do homes in Woodmore / Dalewood, TN cost?
Median Sold Price
$247,900
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Woodmore / Dalewood have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Woodmore / Dalewood was $247,900 in April 2024, up 6.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | $181.5K | $190K | +4.7% |
| 3 Bedrooms | $237.5K | $247.9K | +4.4% |
| 4 Bedrooms | $287.5K | $300K | +4.3% |
| 5+ Bedrooms | $320K | $550.5K | +72.0% |
Summary: Woodmore / Dalewood 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 4.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 72%.
Median Sold Price Compared To Nearby Neighborhoods
| North Brainerd Sunshine | $210.5K | $250K | +18.8% |
| Woodmore / Dalewood | $232K | $247.9K | +6.9% |
| Brainerd | $270K | $285K | +5.6% |
Housing Supply in Woodmore / Dalewood, TN
How many homes are available in Woodmore / Dalewood, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Woodmore / Dalewood real estate market had 40 homes for sale in April 2024, a 4.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Woodmore / Dalewood 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 33.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodmore / Dalewood, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Woodmore / Dalewood in April 2024, down by 50.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Woodmore / Dalewood, TN
How long does it take to sell a home in Woodmore / Dalewood, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 22 Days | +7.3% |
Summary: Homes in Woodmore / Dalewood had an average of 22 days on market in Apr 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodmore / Dalewood are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Woodmore / Dalewood; 14% 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.