Is Alliance of Cordova Neighborhoods, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alliance of Cordova Neighborhoods is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Alliance of Cordova Neighborhoods was a Neutral Market.

Key Takeaway

Alliance of Cordova Neighborhoods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alliance of Cordova Neighborhoods, TN

How much do homes in Alliance of Cordova Neighborhoods, TN cost?

Median Sold Price

$369,352

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$110,352(+42.6%)

Key Takeaway

Homes in Alliance of Cordova Neighborhoods have sold for 42.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $185K-
N/A
3 $258K$303K
+17.4%
4 $315K$418.5K
+32.9%
5+ $365K$295K
-19.2%

Summary: Alliance of Cordova Neighborhoods 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 increased by 17.4%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Neighborhoods

Alliance of Cordova Neighborhoods
+42.6%
Walnut Grove
+18.0%
Cumberland Farms
+16.0%
Fisherville
-11.8%

Housing Supply in Alliance of Cordova Neighborhoods, TN

How many homes are available in Alliance of Cordova Neighborhoods, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7980+1.3%

Summary: The Alliance of Cordova Neighborhoods real estate market had 80 homes for sale in November 2024, a 1.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2826
-7.1%
4 3540
+14.3%
5+ 1211
-8.3%

Summary: The Alliance of Cordova Neighborhoods 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 decreased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alliance of Cordova Neighborhoods, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Alliance of Cordova Neighborhoods in November 2024, up by 15.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for Alliance of Cordova Neighborhoods, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Alliance of Cordova Neighborhoods, TN

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