Is Capitol View, 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, Capitol View has remained a Seller's Market.
Housing Prices in Capitol View, TN
How much do homes in Capitol View, TN cost?
Median Sold Price
$329,900
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Capitol View was $329,900 in April 2024, down 9% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344.9K | $324.9K | -5.8% |
2 Bedrooms | $355K | $342K | -3.7% |
3 Bedrooms | $444.7K | $477.5K | +7.4% |
4 Bedrooms | $537.4K | $560K | +4.2% |
5+ Bedrooms | $390K | - | N/A |
Summary: Capitol View housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
East Nashville | $576.1K | $549.1K | -4.7% |
Capitol View | $362.4K | $329.9K | -9.0% |
Housing Supply in Capitol View, TN
How many homes are available in Capitol View, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Summary: The Capitol View real estate market had 28 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Capitol View housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Capitol View in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Capitol View, TN
How long does it take to sell a home in Capitol View, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 10 Days | +51.0% |
Summary: Homes in Capitol View had an average of 10 days on market in Apr 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Capitol View; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.