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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bruceton is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bruceton was a Neutral Market.

Key Takeaway

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

Housing Prices in Bruceton, TN

How much do homes in Bruceton, TN cost?

Median Sold Price

$149,988

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$53,963(+56.2%)

Key Takeaway

Homes in Bruceton have sold for 56.2% more than they did a month ago.

Summary: The median home sold price in Bruceton was $149,988 in November 2024, up 56.2% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $45K-
N/A
3 $147K$149.9K
+2.0%
4 --
N/A
5+ --
N/A

Summary: Bruceton 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 increased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bruceton, TN

How many homes are available in Bruceton, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1211-8.3%

Summary: The Bruceton real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 88
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Bruceton 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 1 homes were sold or pending in Bruceton in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Bruceton, TN

How long does it take to sell a home in Bruceton, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days37 Days+80.5%

Summary: Homes in Bruceton had an average of 37 days on market in Nov 2024, up by 80.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bruceton has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Bruceton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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