Is Cross Plains, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross Plains is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cross Plains was a Seller's Market.

Key Takeaway

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

Housing Prices in Cross Plains, TN

How much do homes in Cross Plains, TN cost?

Median Sold Price

$474,450

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,035(+3.3%)

Key Takeaway

Homes in Cross Plains have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Cross Plains was $474,450 in October 2024, up 3.3% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $470K$385K
-18.1%
3 $422.5K$417K
-1.3%
4 $494K$550K
+11.3%
5+ $637.1K$665K
+4.4%

Summary: Cross Plains housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Cities

Cottontown
+7.0%
Cross Plains
+3.3%

Housing Supply in Cross Plains, TN

How many homes are available in Cross Plains, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The Cross Plains real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1013
+30.0%
4 54
-20.0%
5+ 32
-33.3%

Summary: The Cross Plains housing inventory by bedroom type for October 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 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cross Plains, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cross Plains in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cross Plains, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days2 Days-98.0%

Summary: Homes in Cross Plains had an average of 2 days on market in Oct 2024, down by 98% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cross Plains are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Cross Plains; 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.

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

Report Updated 20 Days Ago

Newest Listings in Cross Plains, TN

Nearby Markets to Cross Plains, TN

What housing markets are near Cross Plains, TN?