$824,900
14.75 Acres
Land
Lori Dawn Garner, ABR, SRES, Listing Office: Keller Williams Realty
Is Cornersville, 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, Cornersville has remained a Buyer's 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
$311,450
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,550(+7.4%)
Key Takeaway
Homes in Cornersville have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Cornersville was $311,450 in November 2024, up 7.4% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $38K | $256K | +573.7% |
| 3 Bedrooms | $287.4K | $309.9K | +7.8% |
| 4 Bedrooms | $390K | $339K | -13.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cornersville 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 573.7%, 3 bedroom homes increased by 7.8%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 31 | -13.9% |
Summary: The Cornersville real estate market had 31 homes for sale in November 2024, a 13.9% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cornersville 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 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cornersville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Cornersville in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 20 Days | -71.4% |
Summary: Homes in Cornersville had an average of 20 days on market in Nov 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cornersville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Cornersville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.