$4,156 Closing Credit*
$350,000
1,100 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty
Is Bushtown / Highland Park, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bushtown / Highland Park has remained a Seller's Market.
Key Takeaway
Bushtown / Highland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bushtown / Highland Park, TN
How much do homes in Bushtown / Highland Park, TN cost?
Median Sold Price
$260,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.0%)
Key Takeaway
Homes in Bushtown / Highland Park have sold for 2% more than they did a year ago.
Summary: The median home sold price in Bushtown / Highland Park was $260,000 in November 2024, up 2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $261.9K | +27.8% |
| 2 Bedrooms | $160K | $102K | -36.3% |
| 3 Bedrooms | $252.5K | $275K | +8.9% |
| 4 Bedrooms | $293K | $305K | +4.1% |
| 5+ Bedrooms | $403K | $305K | -24.3% |
Summary: Bushtown / Highland Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes decreased by 36.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 24.3%.
Housing Supply in Bushtown / Highland Park, TN
How many homes are available in Bushtown / Highland Park, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 46 | -9.8% |
Summary: The Bushtown / Highland Park real estate market had 46 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bushtown / Highland Park 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 11.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bushtown / Highland Park, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Bushtown / Highland Park in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Bushtown / Highland Park, TN
How long does it take to sell a home in Bushtown / Highland Park, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 33 Days | -1.8% |
Summary: Homes in Bushtown / Highland Park had an average of 33 days on market in Nov 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bushtown / Highland Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Bushtown / Highland Park; 21% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.