Is Nolensville, 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, Nolensville has remained a Seller's Market.
Housing Prices in Nolensville, TN
How much do homes in Nolensville, TN cost?
Median Sold Price
$750,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nolensville was $750,000 in May 2024, down 0.4% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $329.9K | $359K | +8.8% |
3 Bedrooms | $604.5K | $589.9K | -2.4% |
4 Bedrooms | $797.4K | $834.9K | +4.7% |
5+ Bedrooms | $1.0M | $1.0M | +5.5% |
Summary: Nolensville 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 increased by 8.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Nolensville | $753.3K | $750K | -0.4% |
Brentwood | $1.0M | $1.0M | -2.2% |
Housing Supply in Nolensville, TN
How many homes are available in Nolensville, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
181 | 204 | +12.7% |
Summary: The Nolensville real estate market had 204 homes for sale in May 2024, a 12.7% 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 | 11 | 28 | +154.5% |
3 Bedrooms | 48 | 47 | -2.1% |
4 Bedrooms | 78 | 90 | +15.4% |
5+ Bedrooms | 44 | 39 | -11.4% |
Summary: The Nolensville 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 increased by 154.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 11.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 40 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Nolensville in May 2024, the same as the previous month. Of the 40 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Nolensville, TN
How long does it take to sell a home in Nolensville, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 20 Days | -40.1% |
Summary: Homes in Nolensville had an average of 20 days on market in May 2024, down by 40.1% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Nolensville; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.