Is Kingston Springs, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kingston Springs was a Seller's Market.
Housing Prices in Kingston Springs, TN
How much do homes in Kingston Springs, TN cost?
Median Sold Price
$460,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kingston Springs was $460,000 in April 2024, down 3.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | $300K | $297.5K | -0.8% |
3 Bedrooms | $490K | $484K | -1.2% |
4 Bedrooms | $681.2K | $516.5K | -24.2% |
5+ Bedrooms | $945.7K | $1.2M | +36.1% |
Summary: Kingston Springs 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 0.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes increased by 36.1%.
Median Sold Price Compared To Nearby Cities
Kingston Springs | $475K | $460K | -3.2% |
Pegram | $460K | $435K | -5.4% |
Housing Supply in Kingston Springs, TN
How many homes are available in Kingston Springs, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 43 | +34.4% |
Summary: The Kingston Springs real estate market had 43 homes for sale in April 2024, a 34.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kingston Springs 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 increased by 33.3%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kingston Springs in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Kingston Springs, TN
How long does it take to sell a home in Kingston Springs, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 17 Days | +83.6% |
Summary: Homes in Kingston Springs had an average of 17 days on market in Apr 2024, up by 83.6% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Kingston Springs; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.