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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Culleoka is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Culleoka, TN

How much do homes in Culleoka, TN cost?

Median Sold Price

$540,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,100(+17.4%)

Key Takeaway

Homes in Culleoka have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Culleoka was $540,000 in October 2024, up 17.4% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K-
N/A
2 $483.7K$550K
+13.7%
3 $440K$494.9K
+12.5%
4 $767.5K$476K
-38.0%
5+ -$956K
N/A

Summary: Culleoka 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 increased by 13.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 38%, and 5+ bedroom homes did not change.

Housing Supply in Culleoka, TN

How many homes are available in Culleoka, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2327+17.4%

Summary: The Culleoka real estate market had 27 homes for sale in October 2024, a 17.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1516
+6.7%
4 68
+33.3%
5+ 01
+100.0%

Summary: The Culleoka 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 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

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

Summary: A total of 2 homes were sold or pending in Culleoka in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Culleoka, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days52 Days+124.1%

Summary: Homes in Culleoka had an average of 52 days on market in Oct 2024, up by 124.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Culleoka; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 14 Days Ago

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