Is Gordonsville, 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, Gordonsville was a Buyer's Market.
Housing Prices in Gordonsville, TN
How much do homes in Gordonsville, TN cost?
Median Sold Price
$284,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gordonsville was $284,500 in April 2024, down 15.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174.9K | - | N/A |
2 Bedrooms | $129.5K | $259.9K | +100.8% |
3 Bedrooms | $337.5K | $279.9K | -17.1% |
4 Bedrooms | $529.9K | $374.5K | -29.3% |
5+ Bedrooms | $351.9K | - | N/A |
Summary: Gordonsville 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 increased by 100.8%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Brush Creek | $337K | $404.9K | +20.2% |
Gordonsville | $337.5K | $284.5K | -15.7% |
Housing Supply in Gordonsville, TN
How many homes are available in Gordonsville, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The Gordonsville real estate market had 13 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gordonsville 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 25%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Gordonsville in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Gordonsville, TN
How long does it take to sell a home in Gordonsville, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 7 Days | -86.4% |
Summary: Homes in Gordonsville had an average of 7 days on market in Apr 2024, down by 86.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Gordonsville; 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.