Is White Bluff, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, White Bluff was a Seller's Market.
Key Takeaway
White Bluff is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in White Bluff, TN
How much do homes in White Bluff, TN cost?
Median Sold Price
$359,950
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in White Bluff have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in White Bluff was $359,950 in May 2024, up 2.8% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $236K | $242K | +2.5% |
| 3 Bedrooms | $346.1K | $369.9K | +6.8% |
| 4 Bedrooms | $525K | $394.9K | -24.8% |
| 5+ Bedrooms | $350K | - | N/A |
Summary: White Bluff 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 2.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes did not change.
Housing Supply in White Bluff, TN
How many homes are available in White Bluff, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Summary: The White Bluff real estate market had 39 homes for sale in May 2024, a 11.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The White Bluff housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in White Bluff, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in White Bluff in May 2024, down by 53.8% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for White Bluff, TN
How long does it take to sell a home in White Bluff, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 24 Days | -59.9% |
Summary: Homes in White Bluff had an average of 24 days on market in May 2024, down by 59.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in White Bluff are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in White Bluff; 50% of homes were sold within 30 days, 50% 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.