$10,000 Closing Credit*
$875,000
2,490 SqFt
4 Beds
•4 Full Baths, 1 Partial
Alejandro Mercado, Listing Office: Realty One Group Music City
Is Capitol View, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Capitol View was a Seller's Market.
Key Takeaway
Capitol View is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Capitol View, TN
How much do homes in Capitol View, TN cost?
Median Sold Price
$455,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$114,050(+33.5%)
Key Takeaway
Homes in Capitol View have sold for 33.5% more than they did a year ago.
Summary: The median home sold price in Capitol View was $455,000 in November 2024, up 33.5% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $324.9K | $329.5K | +1.4% |
| 2 Bedrooms | $357.5K | $325K | -9.1% |
| 3 Bedrooms | $468.7K | $472K | +0.7% |
| 4 Bedrooms | $505K | $600K | +18.8% |
| 5+ Bedrooms | $390K | - | N/A |
Summary: Capitol View housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Capitol View | $340.9K | $455K | +33.5% |
| East Nashville | $541.1K | $578.7K | +6.9% |
Housing Supply in Capitol View, TN
How many homes are available in Capitol View, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The Capitol View real estate market had 30 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Capitol View 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 9.1%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Capitol View, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Capitol View in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Capitol View, TN
How long does it take to sell a home in Capitol View, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 41 Days | +17.1% |
Summary: Homes in Capitol View had an average of 41 days on market in Nov 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Capitol View has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Capitol View; 40% of homes were sold within 30 days, 60% 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.