$169,900
5.00 Acres
Land
Jackie Rawls, Listing Office: Viridian Real Estate Partners, LLC
Is Chapmansboro, 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, Chapmansboro has remained a Neutral Market.
Key Takeaway
Chapmansboro 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 Chapmansboro, TN
How much do homes in Chapmansboro, TN cost?
Median Sold Price
$392,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,000(+7.1%)
Key Takeaway
Homes in Chapmansboro have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Chapmansboro was $392,000 in November 2024, up 7.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $590.9K | N/A |
| 2 Bedrooms | $340K | $365K | +7.4% |
| 3 Bedrooms | $360.2K | $380K | +5.5% |
| 4 Bedrooms | $395K | $650K | +64.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Chapmansboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 64.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chapmansboro | $366K | $392K | +7.1% |
| Pleasant View | $370K | $387.9K | +4.9% |
Housing Supply in Chapmansboro, TN
How many homes are available in Chapmansboro, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Chapmansboro real estate market had 21 homes for sale in November 2024, a 8.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chapmansboro 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 remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 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 Chapmansboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chapmansboro in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Chapmansboro, TN
How long does it take to sell a home in Chapmansboro, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 51 Days | -27.7% |
Summary: Homes in Chapmansboro had an average of 51 days on market in Nov 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chapmansboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Chapmansboro; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.