Is Kimball, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kimball is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kimball was a Buyer's Market.

Key Takeaway

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

Housing Prices in Kimball, TN

How much do homes in Kimball, TN cost?

Median Sold Price

$237,500

$226/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$26,500(-10.0%)

Key Takeaway

Homes in Kimball have sold for 10% less than they did a month ago.

Summary: The median home sold price in Kimball was $237,500 in April 2024, down 10% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$237.5K
N/A
3 $264K$278.5K
+5.5%
4 --
N/A
5+ --
N/A

Summary: Kimball housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kimball, TN

How many homes are available in Kimball, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Kimball real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 65
-16.7%
4 00
0.0%
5+ 01
+100.0%

Summary: The Kimball 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Kimball in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Kimball, TN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kimball are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Kimball; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Kimball, TN

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