$1,413 Closing Credit*
$119,000
4 Beds
•2 Full Baths
Listing Office: eXp Realty
Is Binghampton / Lester, 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, Binghampton / Lester has remained a Buyer's Market.
Key Takeaway
Binghampton / Lester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Binghampton / Lester, TN
How much do homes in Binghampton / Lester, TN cost?
Median Sold Price
$148,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$43,000(+41.0%)
Key Takeaway
Homes in Binghampton / Lester have sold for 41% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $84K | $120K | +42.9% |
| 3 Bedrooms | $111.9K | $220.5K | +96.9% |
| 4 Bedrooms | $133.7K | $50K | -62.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Binghampton / Lester housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 96.9%, 4 bedroom homes decreased by 62.6%, and 5+ bedroom homes did not change.
Housing Supply in Binghampton / Lester, TN
How many homes are available in Binghampton / Lester, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Binghampton / Lester real estate market had 50 homes for sale in November 2024, a 16.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Binghampton / Lester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Binghampton / Lester, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Binghampton / Lester in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Binghampton / Lester, TN
We’re sorry, we don't have information for this market at the moment
