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

$276,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$74,000(-21.1%)

Key Takeaway

Homes in Brighton have sold for 21.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$298K
-8.3%
4 -$240K
N/A
5+ $683.7K-
N/A

Summary: Brighton 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 decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Atoka
+11.0%
Brighton
-21.1%

Housing Supply in Brighton, TN

How many homes are available in Brighton, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The Brighton real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 87
-12.5%
4 36
+100.0%
5+ 33
0.0%

Summary: The Brighton 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 decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Brighton in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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 20 Days Ago

Newest Listings in Brighton, TN

Nearby Markets to Brighton, TN

What housing markets are near Brighton, TN?