Is Sale Creek, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sale Creek is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Sale Creek has remained a Neutral Market.

Key Takeaway

Sale Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sale Creek, TN

How much do homes in Sale Creek, TN cost?

Median Sold Price

$215,000

$251/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$3,000(-1.4%)

Key Takeaway

Homes in Sale Creek have sold for 1.4% less than they did a month ago.

Summary: The median home sold price in Sale Creek was $215,000 in April 2024, down 1.4% from last month, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$215K
N/A
2 --
N/A
3 $218K$300.9K
+38.1%
4 --
N/A
5+ --
N/A

Summary: Sale Creek 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 38.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sale Creek, TN

How many homes are available in Sale Creek, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1418+28.6%

Summary: The Sale Creek real estate market had 18 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 810
+25.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Sale Creek 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 increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sale Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sale Creek in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sale Creek, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Sale Creek, TN

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