Is Strawberry Plains, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Strawberry Plains has remained a Seller's Market.
Housing Prices in Strawberry Plains, TN
How much do homes in Strawberry Plains, TN cost?
Median Sold Price
$348,250
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Strawberry Plains was $348,250 in April 2024, up 11.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $101.5K | N/A |
2 Bedrooms | $157.5K | $262.4K | +66.6% |
3 Bedrooms | $285K | $297.9K | +4.5% |
4 Bedrooms | $434K | $435K | 0.2% |
5+ Bedrooms | $447K | - | N/A |
Summary: Strawberry Plains 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 66.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.
Housing Supply in Strawberry Plains, TN
How many homes are available in Strawberry Plains, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 44 | +7.3% |
Summary: The Strawberry Plains real estate market had 44 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Strawberry Plains 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 increased by 33.3%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Strawberry Plains in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 70% were sold at asking, and 0% were sold over asking.
Days on Market for Strawberry Plains, TN
How long does it take to sell a home in Strawberry Plains, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 56 Days | -19.3% |
Summary: Homes in Strawberry Plains had an average of 56 days on market in Apr 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Strawberry Plains; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.