Is Celina, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Celina is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Celina was a Seller's Market.

Key Takeaway

Celina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Celina, TN

How much do homes in Celina, TN cost?

Median Sold Price

$339,900

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$100,900(+42.2%)

Key Takeaway

Homes in Celina have sold for 42.2% more than they did a year ago.

Summary: The median home sold price in Celina was $339,900 in May 2024, up 42.2% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$345K
N/A
2 $70K$215K
+207.1%
3 $239K$339.9K
+42.2%
4 $340.5K-
N/A
5+ $482.4K-
N/A

Summary: Celina 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 207.1%, 3 bedroom homes increased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Celina, TN

How many homes are available in Celina, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1423+64.3%

Summary: The Celina real estate market had 23 homes for sale in May 2024, a 64.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 512
+140.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Celina 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 16.7%, 3 bedroom homes increased by 140%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Celina, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Celina in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Celina, TN

How long does it take to sell a home in Celina, TN?

Average Sale Time

May 2023May 2024CHANGE
180 Days60 Days-66.7%

Summary: Homes in Celina had an average of 60 days on market in May 2024, down by 66.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Celina has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Celina; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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