$499,000
9.55 Acres
Land
Michele Payne, Listing Office: Benchmark Realty, LLC
Is Ashland City, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ashland City was a Seller's Market.
Key Takeaway
Ashland City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ashland City, TN
How much do homes in Ashland City, TN cost?
Median Sold Price
$350,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+3.7%)
Key Takeaway
Homes in Ashland City have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Ashland City was $350,000 in November 2024, up 3.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143K | $299.9K | +109.7% |
| 2 Bedrooms | $325K | $280K | -13.8% |
| 3 Bedrooms | $335K | $347K | +3.6% |
| 4 Bedrooms | $367.9K | $508.7K | +38.3% |
| 5+ Bedrooms | $479.9K | $315K | -34.4% |
Summary: Ashland City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 109.7%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes decreased by 34.4%.
Median Sold Price Compared To Nearby Cities
| Nashville | $511.9K | $531.2K | +3.8% |
| Ashland City | $337.4K | $350K | +3.7% |
Housing Supply in Ashland City, TN
How many homes are available in Ashland City, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 106 | 0.0% |
Summary: The Ashland City real estate market had 106 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 69 | 71 | +2.9% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Ashland City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland City, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Ashland City in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Ashland City, TN
How long does it take to sell a home in Ashland City, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 48 Days | +81.4% |
Summary: Homes in Ashland City had an average of 48 days on market in Nov 2024, up by 81.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashland City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Ashland City; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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.