Is Highland Heights, 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, Highland Heights has remained a Buyer's Market.
Housing Prices in Highland Heights, TN
How much do homes in Highland Heights, TN cost?
Median Sold Price
$350,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highland Heights was $350,000 in April 2024, down 31.4% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $406.2K | $260K | -36.0% |
2 Bedrooms | $410K | $377.4K | -8.0% |
3 Bedrooms | $530K | $530K | 0.0% |
4 Bedrooms | $705K | $690K | -2.1% |
5+ Bedrooms | $1.0M | $1.0M | +1.4% |
Summary: Highland Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36%, 2 bedroom homes decreased by 8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
East Nashville | $576.1K | $549.1K | -4.7% |
Capitol View | $362.4K | $329.9K | -9.0% |
Highland Heights | $510K | $350K | -31.4% |
Housing Supply in Highland Heights, TN
How many homes are available in Highland Heights, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 67 | 0.0% |
Summary: The Highland Heights real estate market had 67 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 | 10 | 9 | -10.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Highland Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 7 | -46.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Highland Heights in April 2024, down by 46.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Highland Heights, TN
How long does it take to sell a home in Highland Heights, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 25 Days | +98.9% |
Summary: Homes in Highland Heights had an average of 25 days on market in Apr 2024, up by 98.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Highland Heights; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.