Is Lascassas, 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, Lascassas was a Seller's Market.
Housing Prices in Lascassas, TN
How much do homes in Lascassas, TN cost?
Median Sold Price
$570,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lascassas was $570,000 in May 2024, up 2.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.0M | $565K | -44.6% |
3 Bedrooms | $401.6K | $394K | -1.9% |
4 Bedrooms | $599.9K | $597.4K | -0.4% |
5+ Bedrooms | $559.9K | $610K | +8.9% |
Summary: Lascassas 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 44.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in Lascassas, TN
How many homes are available in Lascassas, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The Lascassas real estate market had 25 homes for sale in May 2024, a 19.0% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lascassas 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 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lascassas in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lascassas, TN
How long does it take to sell a home in Lascassas, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 14 Days | +90.3% |
Summary: Homes in Lascassas had an average of 14 days on market in May 2024, up by 90.3% 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
Summary: During May 2024, 4 homes were sold in Lascassas; 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.