Is Heiskell, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Heiskell has remained a Seller's Market.
Housing Prices in Heiskell, TN
How much do homes in Heiskell, TN cost?
Median Sold Price
$282,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Heiskell was $282,500 in May 2024, down 21.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $615K | - | N/A |
2 Bedrooms | $365K | $235K | -35.6% |
3 Bedrooms | $313.7K | $265K | -15.5% |
4 Bedrooms | $570K | $400K | -29.8% |
5+ Bedrooms | $502K | $890K | +77.3% |
Summary: Heiskell 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 35.6%, 3 bedroom homes decreased by 15.5%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 77.3%.
Median Sold Price Compared To Nearby Cities
Powell | $339.9K | $349.9K | +3.0% |
Andersonville | $435K | $429.7K | -1.2% |
Heiskell | $360K | $282.5K | -21.5% |
Housing Supply in Heiskell, TN
How many homes are available in Heiskell, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Summary: The Heiskell real estate market had 6 homes for sale in May 2024, a 14.3% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Heiskell 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Heiskell in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Heiskell, TN
How long does it take to sell a home in Heiskell, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 65 Days | +282.4% |
Summary: Homes in Heiskell had an average of 65 days on market in May 2024, up by 282.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Heiskell; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.