Is Goodlettsville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodlettsville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Goodlettsville has remained a Seller's Market.

Key Takeaway

Goodlettsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Goodlettsville, TN

How much do homes in Goodlettsville, TN cost?

Median Sold Price

$391,800

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,700(-3.9%)

Key Takeaway

Homes in Goodlettsville have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Goodlettsville was $391,800 in April 2024, down 3.9% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $234.5K-
N/A
2 $299.9K$300K
0.0%
3 $394.3K$372.5K
-5.5%
4 $532K$475K
-10.7%
5+ $625K$651.2K
+4.2%

Summary: Goodlettsville 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 did not change, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Greenbrier
+13.7%
Ridgetop
0%
Goodlettsville
-3.5%
Goodlettsville
-3.9%
Millersville
-5.3%

Housing Supply in Goodlettsville, TN

How many homes are available in Goodlettsville, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
126138+9.5%

Summary: The Goodlettsville real estate market had 138 homes for sale in April 2024, a 9.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2421
-12.5%
3 6671
+7.6%
4 2630
+15.4%
5+ 1016
+60.0%

Summary: The Goodlettsville 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 decreased by 12.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2832+14.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goodlettsville, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Goodlettsville in April 2024, up by 14.3% month-over-month. Of the 32 sold homes, 56% were sold under asking, 34% were sold at asking, and 9% were sold over asking.

Days on Market for Goodlettsville, TN

How long does it take to sell a home in Goodlettsville, TN?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days38 Days+32.3%

Summary: Homes in Goodlettsville had an average of 38 days on market in Apr 2024, up by 32.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Goodlettsville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 32 homes were sold in Goodlettsville; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

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

Report Updated 9 Days Ago

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