$3,503 Closing Credit*
$295,000
4 Beds
•3 Full Baths
Listing Office: Morris Realty & Auction, LLC
Is Alliance of Cordova Neighborhoods, 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, Alliance of Cordova Neighborhoods was a Buyer's 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
$259,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$33,200(-11.4%)
Key Takeaway
Homes in Alliance of Cordova Neighborhoods have sold for 11.4% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $185K | N/A |
| 3 Bedrooms | $255K | $258K | +1.2% |
| 4 Bedrooms | $321K | $315K | -1.9% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Alliance of Cordova Neighborhoods housing prices by bedroom type for October 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 1.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Walnut Grove | $317.5K | $402.4K | +26.7% |
| Cumberland Farms | $327.5K | $300K | -8.4% |
| Alliance of Cordova Neighborhoods | $292.2K | $259K | -11.4% |
| Fisherville | $665K | $324.9K | -51.1% |
Housing Supply in Alliance of Cordova Neighborhoods, TN
How many homes are available in Alliance of Cordova Neighborhoods, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 71 | +20.3% |
Summary: The Alliance of Cordova Neighborhoods real estate market had 71 homes for sale in October 2024, a 20.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Alliance of Cordova Neighborhoods housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alliance of Cordova Neighborhoods, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Alliance of Cordova Neighborhoods in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% 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
