Is Bethel Springs, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Springs is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bethel Springs was a Buyer's Market.

Key Takeaway

Bethel Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bethel Springs, TN

How much do homes in Bethel Springs, TN cost?

Median Sold Price

$302,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$152,500(+101.7%)

Key Takeaway

Homes in Bethel Springs have sold for 101.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$164K
N/A
3 $150K$500K
+233.3%
4 -$426K
N/A
5+ --
N/A

Summary: Bethel Springs 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 233.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bethel Springs
+101.7%
Selmer
+57.9%

Housing Supply in Bethel Springs, TN

How many homes are available in Bethel Springs, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The Bethel Springs real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 23
+50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Bethel Springs 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel Springs, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bethel Springs in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Bethel Springs, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bethel Springs, TN

Nearby Markets to Bethel Springs, TN

What housing markets are near Bethel Springs, TN?