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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownsville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Brownsville has remained a Buyer's Market.

Key Takeaway

Brownsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brownsville, TN

How much do homes in Brownsville, TN cost?

Median Sold Price

$74,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$151,000(-67.1%)

Key Takeaway

Homes in Brownsville have sold for 67.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$74K
N/A
4 $225K-
N/A
5+ --
N/A

Summary: Brownsville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brownsville, TN

How many homes are available in Brownsville, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The Brownsville real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 33
0.0%
5+ 11
0.0%

Summary: The Brownsville 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

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

Summary: A total of 1 homes were sold or pending in Brownsville in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brownsville, 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 Brownsville, TN

Nearby Markets to Brownsville, TN