Is Pleasant Shade, 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, Pleasant Shade was a Seller's Market.
Key Takeaway
Pleasant Shade 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 Pleasant Shade, TN
How much do homes in Pleasant Shade, TN cost?
Median Sold Price
$293,603
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Shade have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Pleasant Shade was $293,603 in May 2024, down 1.3% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $290.2K | N/A |
| 2 Bedrooms | $392.2K | $200K | -49.0% |
| 3 Bedrooms | $297.4K | $339.9K | +14.3% |
| 4 Bedrooms | $675K | $350K | -48.1% |
| 5+ Bedrooms | $90K | $487.4K | +441.6% |
Summary: Pleasant Shade 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 decreased by 49%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 48.1%, and 5+ bedroom homes increased by 441.6%.
Median Sold Price Compared To Nearby Cities
| Hartsville | $299.9K | $352.5K | +17.5% |
| Pleasant Shade | $297.4K | $293.6K | -1.3% |
Housing Supply in Pleasant Shade, TN
How many homes are available in Pleasant Shade, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Pleasant Shade real estate market had 12 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pleasant Shade 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Shade, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Pleasant Shade in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Pleasant Shade, TN
How long does it take to sell a home in Pleasant Shade, TN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 18 Days | +28.6% |
Summary: Homes in Pleasant Shade had an average of 18 days on market in May 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
2 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 Pleasant Shade are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Pleasant Shade; 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.