Is Buena Vista, 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, Buena Vista has remained a Buyer's Market.
Housing Prices in Buena Vista, TN
How much do homes in Buena Vista, TN cost?
Median Sold Price
$565,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Buena Vista was $565,000 in April 2024, down 3% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $279K | - | N/A |
2 Bedrooms | $280K | $275K | -1.8% |
3 Bedrooms | $620K | $443.7K | -28.4% |
4 Bedrooms | $610K | $599.9K | -1.7% |
5+ Bedrooms | - | $1.4M | N/A |
Summary: Buena Vista 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 decreased by 1.8%, 3 bedroom homes decreased by 28.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
North Nashville | $555K | $564.6K | +1.7% |
Buena Vista | $582.5K | $565K | -3.0% |
Housing Supply in Buena Vista, TN
How many homes are available in Buena Vista, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 53 | +35.9% |
Summary: The Buena Vista real estate market had 53 homes for sale in April 2024, a 35.9% increase 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 | 5 | 5 | 0.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 9 | 20 | +122.2% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Buena Vista 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 8.7%, 4 bedroom homes increased by 122.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Buena Vista in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Buena Vista, TN
How long does it take to sell a home in Buena Vista, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 29 Days | +105.5% |
Summary: Homes in Buena Vista had an average of 29 days on market in Apr 2024, up by 105.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Buena Vista; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.