$3,978 Closing Credit*
$335,000
896 SqFt
1 Bed
•1 Full Bath
Marion (Tony) Jackson, Listing Office: Zeitlin Sotheby's International Realty
Is Sylvan Park, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Sylvan Park was a Seller's Market.
Key Takeaway
Sylvan Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sylvan Park, TN
How much do homes in Sylvan Park, TN cost?
Median Sold Price
$997,500
$440/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$132,000(+15.3%)
Key Takeaway
Homes in Sylvan Park have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Sylvan Park was $997,500 in September 2024, up 15.3% from last year, and the median price per square foot was $440.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $321.7K | $344.9K | +7.2% |
| 2 Bedrooms | $484K | $582.5K | +20.4% |
| 3 Bedrooms | $807.5K | $865K | +7.1% |
| 4 Bedrooms | $1.3M | $1.4M | +6.0% |
| 5+ Bedrooms | $1.5M | $1.8M | +22.9% |
Summary: Sylvan Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 22.9%.
Housing Supply in Sylvan Park, TN
How many homes are available in Sylvan Park, TN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Sylvan Park real estate market had 30 homes for sale in September 2024, a 11.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Sylvan Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 1 | -91.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sylvan Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sylvan Park in September 2024, down by 91.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sylvan Park, TN
How long does it take to sell a home in Sylvan Park, TN?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 15 Days | 3 Days | -81.1% |
Summary: Homes in Sylvan Park had an average of 3 days on market in Sep 2024, down by 81.1% compared to last year.
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
Key Takeaway
Many homes in Sylvan Park are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Sylvan Park; 100% 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.