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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cornersville is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Cornersville was a Neutral Market.

Key Takeaway

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

Housing Prices in Cornersville, TN

How much do homes in Cornersville, TN cost?

Median Sold Price

$312,900

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,000(+7.9%)

Key Takeaway

Homes in Cornersville have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Cornersville was $312,900 in December 2024, up 7.9% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $147K$275K
+87.1%
3 $289.9K$309.9K
+6.9%
4 $390K$339K
-13.1%
5+ --
N/A

Summary: Cornersville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.

Housing Supply in Cornersville, TN

How many homes are available in Cornersville, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3029-3.3%

Summary: The Cornersville real estate market had 29 homes for sale in December 2024, a 3.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1815
-16.7%
4 810
+25.0%
5+ 11
0.0%

Summary: The Cornersville housing inventory by bedroom type for December 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 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Cornersville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cornersville in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cornersville, TN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days31 Days-8.8%

Summary: Homes in Cornersville had an average of 31 days on market in Dec 2024, down by 8.8% compared to last year.

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 Cornersville has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Cornersville; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

Newest Listings in Cornersville, TN

Nearby Markets to Cornersville, TN