Is Crieve Hall, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crieve Hall is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Crieve Hall has remained a Seller's Market.

Key Takeaway

Crieve Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crieve Hall, TN

How much do homes in Crieve Hall, TN cost?

Median Sold Price

$650,000

$369/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$38,950(-5.7%)

Key Takeaway

Homes in Crieve Hall have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Crieve Hall was $650,000 in September 2024, down 5.7% from last year, and the median price per square foot was $369.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $499K$526K
+5.4%
3 $636.5K$635K
-0.2%
4 $800K$833.9K
+4.2%
5+ $1.1M$816.2K
-31.4%

Summary: Crieve Hall housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 31.4%.

Housing Supply in Crieve Hall, TN

How many homes are available in Crieve Hall, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3126-16.1%

Summary: The Crieve Hall real estate market had 26 homes for sale in September 2024, a 16.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1513
-13.3%
4 98
-11.1%
5+ 54
-20.0%

Summary: The Crieve Hall housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crieve Hall, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Crieve Hall in September 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Crieve Hall, TN

How long does it take to sell a home in Crieve Hall, TN?

Average Sale Time

Sep 2023Sep 2024CHANGE
23 Days24 Days+5.9%

Summary: Homes in Crieve Hall had an average of 24 days on market in Sep 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crieve Hall are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Crieve Hall; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated Sep 1, 2024

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