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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bybee is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bybee has remained a Seller's Market.

Key Takeaway

Bybee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bybee, TN

How much do homes in Bybee, TN cost?

Median Sold Price

$275,000

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,920(-14.8%)

Key Takeaway

Homes in Bybee have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in Bybee was $275,000 in October 2024, down 14.8% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $322.9K$275K
-14.8%
4 --
N/A
5+ --
N/A

Summary: Bybee 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 14.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Midway
-11.0%
Bybee
-14.8%

Housing Supply in Bybee, TN

How many homes are available in Bybee, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Bybee real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Bybee 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Bybee, 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 Bybee in October 2024, the same as the previous 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 Bybee, TN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
111 Days117 Days+5.4%

Summary: Homes in Bybee had an average of 117 days on market in Oct 2024, up by 5.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bybee are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Bybee; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

Newest Listings in Bybee, TN

Nearby Markets to Bybee, TN

What housing markets are near Bybee, TN?