$6,126 Closing Credit*
$515,900
2,663 SqFt
4 Beds
•3 Full Baths
Brian Settle, Listing Office: Atlas Real Estate & Auction Services
Is Adams, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Adams was a Seller's Market.
Key Takeaway
Adams 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 Adams, TN
How much do homes in Adams, TN cost?
Median Sold Price
$515,000
$159/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$130,000(+33.8%)
Key Takeaway
Homes in Adams have sold for 33.8% more than they did a month ago.
Summary: The median home sold price in Adams was $515,000 in November 2024, up 33.8% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $385K | $309.9K | -19.5% |
| 4 Bedrooms | - | $641.2K | N/A |
| 5+ Bedrooms | - | $515K | N/A |
Summary: Adams housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Adams, TN
How many homes are available in Adams, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Adams real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Adams housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Adams, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Adams in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Adams, TN
How long does it take to sell a home in Adams, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 41 Days | -29.1% |
Summary: Homes in Adams had an average of 41 days on market in Nov 2024, down by 29.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Adams has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Adams; 33% of homes were sold within 30 days, 67% 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.