Is Brighton, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brighton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brighton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brighton, TN

How much do homes in Brighton, TN cost?

Median Sold Price

$332,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$74,000(+28.7%)

Key Takeaway

Homes in Brighton have sold for 28.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $276K$239K
-13.4%
4 $240K$327.4K
+36.4%
5+ -$625K
N/A

Summary: Brighton 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 did not change, 3 bedroom homes decreased by 13.4%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brighton
+28.7%
Atoka
+0.8%

Housing Supply in Brighton, TN

How many homes are available in Brighton, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Brighton real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 76
-14.3%
5+ 33
0.0%

Summary: The Brighton 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brighton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Brighton in November 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brighton, 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 21 Days Ago

Newest Listings in Brighton, TN

Nearby Markets to Brighton, TN

What housing markets are near Brighton, TN?