$345,000
15.00 Acres
Land
Donny Liles, Listing Office: Benchmark Realty
Is Cunningham, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cunningham has remained a Seller's Market.
Key Takeaway
Cunningham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cunningham, TN
How much do homes in Cunningham, TN cost?
Median Sold Price
$407,500
$270/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$173,500(+74.1%)
Key Takeaway
Homes in Cunningham have sold for 74.1% more than they did a month ago.
Summary: The median home sold price in Cunningham was $407,500 in November 2024, up 74.1% from last month, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $234K | $407.5K | +74.1% |
| 4 Bedrooms | $441.2K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cunningham 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 did not change, 3 bedroom homes increased by 74.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cunningham | $234K | $407.5K | +74.1% |
| Southside | $390K | $344.9K | -11.6% |
Housing Supply in Cunningham, TN
How many homes are available in Cunningham, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Cunningham real estate market had 10 homes for sale in November 2024, a 23.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cunningham 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cunningham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cunningham in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cunningham, TN
How long does it take to sell a home in Cunningham, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 11 Days | -76.8% |
Summary: Homes in Cunningham had an average of 11 days on market in Nov 2024, down by 76.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cunningham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Cunningham; 75% of homes were sold within 30 days, 25% 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.