Is Culleoka, 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, Culleoka has remained a Buyer's Market.
Housing Prices in Culleoka, TN
How much do homes in Culleoka, TN cost?
Median Sold Price
$444,900
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Culleoka was $444,900 in May 2024, down 9.2% 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 | - | $250K | N/A |
2 Bedrooms | $390K | $550K | +41.0% |
3 Bedrooms | $437.5K | $435K | -0.6% |
4 Bedrooms | $785K | $750K | -4.5% |
5+ Bedrooms | $690K | $1.0M | +55.8% |
Summary: Culleoka 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 41%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 55.8%.
Housing Supply in Culleoka, TN
How many homes are available in Culleoka, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 22 | +37.5% |
Summary: The Culleoka real estate market had 22 homes for sale in May 2024, a 37.5% 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 | 11 | 12 | +9.1% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Culleoka 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 9.1%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Culleoka in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Culleoka, TN
How long does it take to sell a home in Culleoka, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 43 Days | +89.1% |
Summary: Homes in Culleoka had an average of 43 days on market in May 2024, up by 89.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Culleoka; 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.