$3,443 Closing Credit*
$289,900
1,344 SqFt
3 Beds
•2 Full Baths
Melissa Pyle, Listing Office: Benchmark Realty, LLC
Is Dowelltown, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Dowelltown was a Seller's Market.
Key Takeaway
Dowelltown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dowelltown, TN
How much do homes in Dowelltown, TN cost?
Median Sold Price
$251,900
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,900(+2.8%)
Key Takeaway
Homes in Dowelltown have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Dowelltown was $251,900 in November 2024, up 2.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $140K | $191.6K | +36.9% |
| 3 Bedrooms | $255K | $251.9K | -1.2% |
| 4 Bedrooms | $105K | $370K | +252.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Dowelltown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 252.4%, and 5+ bedroom homes did not change.
Housing Supply in Dowelltown, TN
How many homes are available in Dowelltown, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Dowelltown real estate market had 9 homes for sale in November 2024, a 12.5% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Dowelltown 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Dowelltown, 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 Dowelltown in November 2024, down by 50.0% 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 Dowelltown, TN
How long does it take to sell a home in Dowelltown, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 11 Days | -47.6% |
Summary: Homes in Dowelltown had an average of 11 days on market in Nov 2024, down by 47.6% 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 Dowelltown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Dowelltown; 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.