Is Middle Valley, 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, Middle Valley was a Buyer's Market.
Housing Prices in Middle Valley, TN
How much do homes in Middle Valley, TN cost?
Median Sold Price
$357,900
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Middle Valley was $357,900 in April 2024, up 20.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260K | $170K | -34.6% |
3 Bedrooms | $288.9K | $349.5K | +21.0% |
4 Bedrooms | $355K | $400K | +12.7% |
5+ Bedrooms | $530K | $545K | +2.8% |
Summary: Middle Valley 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 34.6%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Neighborhoods
Middle Valley | $297.3K | $357.9K | +20.4% |
Northgate / Big Ridge | $399.9K | $430K | +7.5% |
Hixson | $335K | $351K | +4.8% |
Harrison | $298K | $309.9K | +4.0% |
Housing Supply in Middle Valley, TN
How many homes are available in Middle Valley, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 35 | -22.2% |
Summary: The Middle Valley real estate market had 35 homes for sale in April 2024, a 22.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 28 | 24 | -14.3% |
4 Bedrooms | 14 | 8 | -42.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middle Valley 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 14.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 12 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Middle Valley in April 2024, down by 42.9% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.
Days on Market for Middle Valley, TN
How long does it take to sell a home in Middle Valley, TN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Middle Valley; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.