Is Piperton, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Piperton has remained a Buyer's Market.
Key Takeaway
Piperton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Piperton, TN
How much do homes in Piperton, TN cost?
Median Sold Price
$668,500
-
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Piperton have sold for 21.5% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $550K | - | N/A |
| 4 Bedrooms | $582K | $725K | +24.6% |
| 5+ Bedrooms | - | $612K | N/A |
Summary: Piperton housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes did not change.
Housing Supply in Piperton, TN
How many homes are available in Piperton, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Piperton real estate market had 28 homes for sale in May 2024, a 7.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Piperton 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 remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piperton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Piperton in May 2024, down by 33.3% month-over-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 Piperton, TN
We’re sorry, we don't have information for this market at the moment
