Is Bordeaux / White's Creek, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bordeaux / White's Creek is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Bordeaux / White's Creek has remained a Buyer's Market.

Key Takeaway

Bordeaux / White's Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bordeaux / White's Creek, TN

How much do homes in Bordeaux / White's Creek, TN cost?

Median Sold Price

$439,925

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,925(+8.1%)

Key Takeaway

Homes in Bordeaux / White's Creek have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Bordeaux / White's Creek was $439,925 in November 2024, up 8.1% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $418K$431.1K
+3.1%
2 $309.2K$309.7K
0.2%
3 $396.6K$401K
+1.1%
4 $469K$550K
+17.3%
5+ $499.5K$457K
-8.5%

Summary: Bordeaux / White's Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 8.5%.

Housing Supply in Bordeaux / White's Creek, TN

How many homes are available in Bordeaux / White's Creek, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
262279+6.5%

Summary: The Bordeaux / White's Creek real estate market had 279 homes for sale in November 2024, a 6.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1819
+5.6%
3 126145
+15.1%
4 103101
-1.9%
5+ 1514
-6.7%

Summary: The Bordeaux / White's Creek 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 5.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3533-5.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bordeaux / White's Creek, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Bordeaux / White's Creek in November 2024, down by 5.7% month-over-month. Of the 32 sold homes, 44% were sold under asking, 38% were sold at asking, and 19% were sold over asking.

Days on Market for Bordeaux / White's Creek, TN

How long does it take to sell a home in Bordeaux / White's Creek, TN?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days38 Days-16.7%

Summary: Homes in Bordeaux / White's Creek had an average of 38 days on market in Nov 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bordeaux / White's Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in Bordeaux / White's Creek; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

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