Is Trousdale County, 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, Trousdale County was a Buyer's Market.
Key Takeaway
Trousdale County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trousdale County, TN
How much do homes in Trousdale County, TN cost?
Median Sold Price
$335,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Trousdale County have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Trousdale County was $335,000 in April 2024, up 11.7% 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 | $249.9K | $240K | -4.0% |
| 2 Bedrooms | $213K | $260K | +22.1% |
| 3 Bedrooms | $320K | $332.4K | +3.9% |
| 4 Bedrooms | $269.9K | $373.5K | +38.4% |
| 5+ Bedrooms | $579K | $882.5K | +52.4% |
Summary: Trousdale County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 52.4%.
Median Sold Price Compared To Nearby Counties
| Trousdale County | $300K | $335K | +11.7% |
| Wilson County | $450.3K | $472.7K | +5.0% |
| Smith County | $291.6K | $300K | +2.9% |
| Sumner County | $426.5K | $438.4K | +2.8% |
| Macon County | $259.9K | $265K | +2.0% |
Housing Supply in Trousdale County, TN
How many homes are available in Trousdale County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Trousdale County real estate market had 30 homes for sale in April 2024, a 3.4% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Trousdale County 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 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Trousdale County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Trousdale County in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Trousdale County, TN
How long does it take to sell a home in Trousdale County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 27 Days | -16.9% |
Summary: Homes in Trousdale County had an average of 27 days on market in Apr 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Trousdale County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Trousdale County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.