Is Dixon Springs, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dixon Springs is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dixon Springs has remained a Seller's Market.

Key Takeaway

Dixon Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dixon Springs, TN

How much do homes in Dixon Springs, TN cost?

Median Sold Price

$238,000

$182/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$13,000(+5.8%)

Key Takeaway

Homes in Dixon Springs have sold for 5.8% more than they did a month ago.

Summary: The median home sold price in Dixon Springs was $238,000 in November 2024, up 5.8% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $225K-
N/A
3 -$238K
N/A
4 --
N/A
5+ --
N/A

Summary: Dixon Springs 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Shade
+56.0%
Dixon Springs
+5.8%

Housing Supply in Dixon Springs, TN

How many homes are available in Dixon Springs, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
45+25.0%

Summary: The Dixon Springs real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Dixon Springs 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Dixon Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dixon Springs in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dixon Springs, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
87 Days5 Days-94.3%

Summary: Homes in Dixon Springs had an average of 5 days on market in Nov 2024, down by 94.3% compared to last month.

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 Dixon Springs are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Dixon Springs; 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 17 Days Ago

Newest Listings in Dixon Springs, TN

Nearby Markets to Dixon Springs, TN

What housing markets are near Dixon Springs, TN?