Is Nunnelly, 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, Nunnelly has remained a Seller's Market.
Key Takeaway
Nunnelly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nunnelly, TN
How much do homes in Nunnelly, TN cost?
Median Sold Price
$287,500
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Nunnelly have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Nunnelly was $287,500 in May 2024, up 11.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $35K | -22.2% |
| 2 Bedrooms | $312.5K | $65K | -79.2% |
| 3 Bedrooms | $272K | $309.9K | +13.9% |
| 4 Bedrooms | $294.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Nunnelly housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 79.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nunnelly | $257.5K | $287.5K | +11.7% |
| Centerville | $246K | $264.9K | +7.7% |
| Bon Aqua | $382.5K | $389.9K | +1.9% |
Housing Supply in Nunnelly, TN
How many homes are available in Nunnelly, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Nunnelly real estate market had 13 homes for sale in May 2024, a 30.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nunnelly 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 increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nunnelly, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Nunnelly in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Nunnelly, TN
How long does it take to sell a home in Nunnelly, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 93 Days | 1 Day | -98.9% |
Summary: Homes in Nunnelly had an average of 1 days on market in May 2024, down by 98.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nunnelly are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Nunnelly; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.