$1,603 Closing Credit*
$135,000
3 Beds
•1 Full Bath
Listing Office: KAIZEN Realty, LLC
Is Frayser, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Frayser was a Seller's Market.
Key Takeaway
Frayser is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Frayser, TN
How much do homes in Frayser, TN cost?
Median Sold Price
$88,500
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$11,500(+14.9%)
Key Takeaway
Homes in Frayser have sold for 14.9% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $53K | $87K | +64.2% |
| 3 Bedrooms | $77K | $90K | +16.9% |
| 4 Bedrooms | $91.9K | - | N/A |
| 5+ Bedrooms | $126.2K | - | N/A |
Summary: Frayser 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 increased by 64.2%, 3 bedroom homes increased by 16.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Frayser | $77K | $88.5K | +14.9% |
| Northhaven | $96.7K | $79K | -18.3% |
| Rangeline | $107K | $82.5K | -22.9% |
Housing Supply in Frayser, TN
How many homes are available in Frayser, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Frayser real estate market had 49 homes for sale in November 2024, a 3.9% 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Frayser 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 increased by 8.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 6 | -68.4% |
Asking Price vs. Sold Price
5 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 Frayser, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Frayser in November 2024, down by 68.4% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Frayser, TN
We’re sorry, we don't have information for this market at the moment
