Is Mount Pleasant, 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, Mount Pleasant was a Seller's Market.
Housing Prices in Mount Pleasant, TN
How much do homes in Mount Pleasant, TN cost?
Median Sold Price
$285,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mount Pleasant was $285,000 in April 2024, up 4.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $162.3K | -18.9% |
2 Bedrooms | $209.7K | $205K | -2.3% |
3 Bedrooms | $305K | $290K | -4.9% |
4 Bedrooms | $336K | $399.9K | +19.0% |
5+ Bedrooms | $472.5K | $370.7K | -21.5% |
Summary: Mount Pleasant housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 21.5%.
Median Sold Price Compared To Nearby Cities
Mount Pleasant | $272.5K | $285K | +4.6% |
Columbia | $349.5K | $359.9K | +3.0% |
Housing Supply in Mount Pleasant, TN
How many homes are available in Mount Pleasant, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 60 | +17.6% |
Summary: The Mount Pleasant real estate market had 60 homes for sale in April 2024, a 17.6% increase 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 | 8 | 10 | +25.0% |
3 Bedrooms | 36 | 42 | +16.7% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Pleasant 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 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Mount Pleasant in April 2024, the same as the previous month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Pleasant, TN
How long does it take to sell a home in Mount Pleasant, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 17 Days | -57.9% |
Summary: Homes in Mount Pleasant had an average of 17 days on market in Apr 2024, down by 57.9% compared to last year.
Breakdown of Home Sale Times
8 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, 9 homes were sold in Mount Pleasant; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.