Housing Prices in Buchanan, TN
How much do homes in Buchanan, TN cost?
Median List Price
$430,000
$189/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Buchanan was $430,000 in May 2024, up 8.9% from the previous year, and the median price per square foot was $189.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | $394.9K | - | N/A |
3 Bedrooms | $220K | $410K | +86.4% |
4 Bedrooms | $399.9K | $1.3M | +243.8% |
5+ Bedrooms | - | $579K | N/A |
Summary: Buchanan 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 did not change, 3 bedroom homes increased by 86.4%, 4 bedroom homes increased by 243.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Buchanan | $394.9K | $430K | +8.9% |
New Concord | $349K | $367.5K | +5.3% |
Springville | $602.4K | $357.7K | -40.6% |
Housing Supply in Buchanan, TN
How many homes are available in Buchanan, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Summary: The Buchanan real estate market had 10 homes for sale in May 2024, a 42.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Buchanan 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 increased by 100%, and 5+ bedroom homes increased by 200%.
Days on Market for Buchanan, TN
How long does it take to sell a home in Buchanan, TN?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
310 Days | 138 Days | -55.4% |
Summary: Homes in Buchanan had an average listing age of 138 days in May 2024, down by 55.4% compared to the previous year.