$5,344 Closing Credit*
$450,000
4 Beds
•2 Full Baths
Listing Office: Weichert, REALTORS-BenchMark
Is Berclair, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Berclair has remained a Seller's Market.
Key Takeaway
Berclair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berclair, TN
How much do homes in Berclair, TN cost?
Median Sold Price
$90,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$38,000(-29.7%)
Key Takeaway
Homes in Berclair have sold for 29.7% 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 | $120.5K | $127.4K | +5.8% |
| 3 Bedrooms | $152.5K | $88.5K | -41.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Berclair 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 increased by 5.8%, 3 bedroom homes decreased by 41.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Avon Gardens | $160K | $191.5K | +19.7% |
| Grahamwood | $132K | $105K | -20.5% |
| Berclair | $128K | $90K | -29.7% |
Housing Supply in Berclair, TN
How many homes are available in Berclair, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 32 | +39.1% |
Summary: The Berclair real estate market had 32 homes for sale in October 2024, a 39.1% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 13 | 20 | +53.8% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berclair 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 14.3%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berclair, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Berclair in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Berclair, TN
We’re sorry, we don't have information for this market at the moment
