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.
Key Takeaway
Nolensville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
The sold price of homes in Nolensville has remained the same since last year.
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
Key Takeaway
If you're buying a home in Nolensville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Nolensville are selling fast, if you're buying plan to act quickly.
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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.