$5,338 Closing Credit*
$449,500
3,568 SqFt
6 Beds
•3 Full Baths
Chris Hawkersmith, Listing Office: Lynch Rigsby Realty & Auction, LLC
Is Decherd, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Decherd has remained a Buyer's Market.
Key Takeaway
Decherd is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Decherd, TN
How much do homes in Decherd, TN cost?
Median Sold Price
$281,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+4.9%)
Key Takeaway
Homes in Decherd have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Decherd was $281,000 in October 2024, up 4.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $87.5K | -27.1% |
| 2 Bedrooms | $175K | $189.5K | +8.3% |
| 3 Bedrooms | $287.4K | $285.9K | -0.5% |
| 4 Bedrooms | $279.9K | $324.9K | +16.1% |
| 5+ Bedrooms | $225K | - | N/A |
Summary: Decherd housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Estill Springs | $267K | $301K | +12.7% |
| Decherd | $268K | $281K | +4.9% |
| Winchester | $368K | $365.7K | -0.6% |
Housing Supply in Decherd, TN
How many homes are available in Decherd, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Summary: The Decherd real estate market had 39 homes for sale in October 2024, a 4.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Decherd 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 decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Decherd, 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 Decherd in October 2024, down by 83.3% 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 Decherd, TN
How long does it take to sell a home in Decherd, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 99 Days | 8 Days | -91.9% |
Summary: Homes in Decherd had an average of 8 days on market in Oct 2024, down by 91.9% 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
Key Takeaway
Many homes in Decherd are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Decherd; 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. 
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