$2,138 Closing Credit*
$180,000
1,184 SqFt
3 Beds
•2 Full Baths
Listing Office: Total Real Estate Services,LLC
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 October 2023
At the same time last year, Bushtown / Highland Park was a Neutral 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
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,950(-1.9%)
Key Takeaway
Homes in Bushtown / Highland Park have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Bushtown / Highland Park was $260,000 in October 2024, down 1.9% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $269K | +31.2% |
| 2 Bedrooms | $133K | $109K | -18.0% |
| 3 Bedrooms | $268.7K | $275K | +2.3% |
| 4 Bedrooms | $293K | $305K | +4.1% |
| 5+ Bedrooms | $361.5K | $360K | -0.4% |
Summary: Bushtown / Highland Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.2%, 2 bedroom homes decreased by 18%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in Bushtown / Highland Park, TN
How many homes are available in Bushtown / Highland Park, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 51 | -13.6% |
Summary: The Bushtown / Highland Park real estate market had 51 homes for sale in October 2024, a 13.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 31 | 23 | -25.8% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Bushtown / Highland Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Bushtown / Highland Park in October 2024, down by 29.4% month-over-month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 66 Days | +390.1% |
Summary: Homes in Bushtown / Highland Park had an average of 66 days on market in Oct 2024, up by 390.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 12 homes were sold in Bushtown / Highland Park; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.