Is Cooper Young, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooper Young is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cooper Young was a Seller's Market.

Key Takeaway

Cooper Young is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cooper Young, TN

How much do homes in Cooper Young, TN cost?

Median Sold Price

$305,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$46,975(-13.3%)

Key Takeaway

Homes in Cooper Young have sold for 13.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $174.7K$280K
+60.2%
3 $355K$245K
-31.0%
4 $365K$395K
+8.2%
5+ --
N/A

Summary: Cooper Young 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 increased by 60.2%, 3 bedroom homes decreased by 31%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Central Gardens
+15.3%
Cooper Young
-13.3%
Lenox
-64.7%

Housing Supply in Cooper Young, TN

How many homes are available in Cooper Young, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3135+12.9%

Summary: The Cooper Young real estate market had 35 homes for sale in November 2024, a 12.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1822
+22.2%
4 67
+16.7%
5+ 11
0.0%

Summary: The Cooper Young 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 16.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 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 Cooper Young, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cooper Young in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cooper Young, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Cooper Young, TN

Nearby Markets to Cooper Young, TN