Is Bell Buckle, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bell Buckle was a Neutral Market.
Housing Prices in Bell Buckle, TN
How much do homes in Bell Buckle, TN cost?
Median Sold Price
$392,500
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bell Buckle was $392,500 in May 2024, up 10.6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $480K | $305K | -36.5% |
3 Bedrooms | $340K | $342.5K | +0.7% |
4 Bedrooms | $393.1K | $632.5K | +60.9% |
5+ Bedrooms | $400K | $700K | +75.0% |
Summary: Bell Buckle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 60.9%, and 5+ bedroom homes increased by 75%.
Housing Supply in Bell Buckle, TN
How many homes are available in Bell Buckle, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Summary: The Bell Buckle real estate market had 36 homes for sale in May 2024, a 2.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bell Buckle housing inventory by bedroom type for May 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 8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bell Buckle in May 2024, up by 66.7% month-over-month. Of the 9 sold homes, 11% were sold under asking, 44% were sold at asking, and 44% were sold over asking.
Days on Market for Bell Buckle, TN
How long does it take to sell a home in Bell Buckle, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 71 Days | +71.0% |
Summary: Homes in Bell Buckle had an average of 71 days on market in May 2024, up by 71% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Bell Buckle; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.