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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Byrdstown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Byrdstown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Byrdstown, TN

How much do homes in Byrdstown, TN cost?

Median Sold Price

$300,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$87,000(+40.8%)

Key Takeaway

Homes in Byrdstown have sold for 40.8% more than they did a year ago.

Summary: The median home sold price in Byrdstown was $300,000 in October 2024, up 40.8% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $188K$550K
+192.6%
2 $210K$429K
+104.3%
3 $459K$275K
-40.1%
4 $216K-
N/A
5+ --
N/A

Summary: Byrdstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.6%, 2 bedroom homes increased by 104.3%, 3 bedroom homes decreased by 40.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Byrdstown, TN

How many homes are available in Byrdstown, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1914-26.3%

Summary: The Byrdstown real estate market had 14 homes for sale in October 2024, a 26.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 127
-41.7%
4 22
0.0%
5+ 11
0.0%

Summary: The Byrdstown 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 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were 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 Byrdstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Byrdstown in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Byrdstown, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days142 Days+119.0%

Summary: Homes in Byrdstown had an average of 142 days on market in Oct 2024, up by 119% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Byrdstown; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 Byrdstown, TN

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