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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collinwood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Collinwood was a Buyer's Market.

Key Takeaway

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

Housing Prices in Collinwood, TN

How much do homes in Collinwood, TN cost?

Median Sold Price

$187,450

$92/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$204,550(-52.2%)

Key Takeaway

Homes in Collinwood have sold for 52.2% less than they did a month ago.

Summary: The median home sold price in Collinwood was $187,450 in November 2024, down 52.2% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $392K$215K
-45.2%
4 -$159.9K
N/A
5+ --
N/A

Summary: Collinwood housing prices by bedroom type for November 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 45.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Collinwood, TN

How many homes are available in Collinwood, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Collinwood real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 11
0.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Collinwood 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Collinwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Collinwood in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Collinwood, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days39 Days+875.0%

Summary: Homes in Collinwood had an average of 39 days on market in Nov 2024, up by 875% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Collinwood has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Collinwood; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Collinwood, TN

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