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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lascassas is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Lascassas was a Seller's Market.

Key Takeaway

Lascassas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lascassas, TN

How much do homes in Lascassas, TN cost?

Median Sold Price

$569,900

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,900(+5.5%)

Key Takeaway

Homes in Lascassas have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Lascassas was $569,900 in April 2024, up 5.5% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $1.0M$565K
-44.6%
3 $396K$394K
-0.5%
4 $599.9K$590K
-1.7%
5+ $544.9K$662.4K
+21.6%

Summary: Lascassas 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 44.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 21.6%.

Housing Supply in Lascassas, TN

How many homes are available in Lascassas, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2722-18.5%

Summary: The Lascassas real estate market had 22 homes for sale in April 2024, a 18.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 96
-33.3%
4 1515
0.0%
5+ 31
-66.7%

Summary: The Lascassas 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lascassas, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Lascassas in April 2024, down by 66.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lascassas, TN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days24 Days-19.3%

Summary: Homes in Lascassas had an average of 24 days on market in Apr 2024, down by 19.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Lascassas; 67% of homes were sold within 30 days, 33% 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 11 Days Ago

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