$4,750 Closing Credit*
$399,999
2,000 SqFt
3 Beds
•2 Full Baths
Gabriela Fletcher, Listing Office: Benchmark Realty, LLC
Is Cheatham County, 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, Cheatham County was a Seller's Market.
Key Takeaway
Cheatham County 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 Cheatham County, TN
How much do homes in Cheatham County, TN cost?
Median Sold Price
$399,976
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,976(+9.3%)
Key Takeaway
Homes in Cheatham County have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Cheatham County was $399,976 in October 2024, up 9.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $287.4K | +30.1% |
| 2 Bedrooms | $299.7K | $303.5K | +1.3% |
| 3 Bedrooms | $365K | $390K | +6.8% |
| 4 Bedrooms | $475K | $573K | +20.6% |
| 5+ Bedrooms | $577.5K | $605K | +4.8% |
Summary: Cheatham County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
| Cheatham County | $366K | $399.9K | +9.3% |
| Dickson County | $344.9K | $366K | +6.1% |
| Davidson County | $443.9K | $460.3K | +3.7% |
| Montgomery County | $300K | $310.8K | +3.6% |
| Robertson County | $378.9K | $389.1K | +2.7% |
Housing Supply in Cheatham County, TN
How many homes are available in Cheatham County, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 262 | 287 | +9.5% |
Summary: The Cheatham County real estate market had 287 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 29 | 37 | +27.6% |
| 3 Bedrooms | 173 | 179 | +3.5% |
| 4 Bedrooms | 45 | 50 | +11.1% |
| 5+ Bedrooms | 9 | 17 | +88.9% |
Summary: The Cheatham County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 88.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 42 | -4.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cheatham County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Cheatham County in October 2024, down by 4.5% month-over-month. Of the 42 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Cheatham County, TN
How long does it take to sell a home in Cheatham County, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 39 Days | -1.5% |
Summary: Homes in Cheatham County had an average of 39 days on market in Oct 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cheatham County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in Cheatham County; 67% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.