$5,047 Closing Credit*
$425,000
1,804 SqFt
4 Beds
•2 Full Baths
Wendy Monday, Listing Office: Onward Real Estate
Is Berry Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Berry Hill was a Seller's Market.
Key Takeaway
Berry Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Berry Hill, TN
How much do homes in Berry Hill, TN cost?
Median Sold Price
$510,000
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$57,500(-10.1%)
Key Takeaway
Homes in Berry Hill have sold for 10.1% less than they did a year ago.
Summary: The median home sold price in Berry Hill was $510,000 in October 2024, down 10.1% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328K | $333.3K | +1.6% |
| 2 Bedrooms | $560K | $419K | -25.2% |
| 3 Bedrooms | $708.6K | $724.4K | +2.2% |
| 4 Bedrooms | $1.2M | $995K | -19.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Berry Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 25.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nashville | $511.4K | $529.8K | +3.6% |
| Berry Hill | $567.5K | $510K | -10.1% |
Housing Supply in Berry Hill, TN
How many homes are available in Berry Hill, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Berry Hill real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Berry Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berry Hill, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Berry Hill in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Berry Hill, TN
How long does it take to sell a home in Berry Hill, TN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Berry Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Berry Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.