$3,978 Closing Credit*
$335,000
1,778 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ashley Martin, Listing Office: The Realty Firm
Is Baxter, 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, Baxter was a Seller's Market.
Key Takeaway
Baxter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baxter, TN
How much do homes in Baxter, TN cost?
Median Sold Price
$239,990
$182/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$5,000(+2.1%)
Key Takeaway
Homes in Baxter have sold for 2.1% more than they did a month ago.
Summary: The median home sold price in Baxter was $239,990 in December 2024, up 2.1% from last month, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | - | N/A |
| 2 Bedrooms | - | $200K | N/A |
| 3 Bedrooms | $370K | $319.9K | -13.5% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Baxter housing prices by bedroom type for December 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 13.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Baxter, TN
How many homes are available in Baxter, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 57 | 57 | 0.0% |
Summary: The Baxter real estate market had 57 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 0 | -100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 38 | 43 | +13.2% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Baxter housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 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 Baxter, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Baxter in December 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Baxter, TN
How long does it take to sell a home in Baxter, TN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 83 Days | 78 Days | -5.9% |
Summary: Homes in Baxter had an average of 78 days on market in Dec 2024, down by 5.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baxter has remained consistent over time.
Summary: During December 2024, 7 homes were sold in Baxter; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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