$980 Closing Credit*
$82,500
3 Beds
•1 Full Bath, 1 Partial
Listing Office: United Real Estate Mid South
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
Since last month, Frayser has remained a Seller's Market.
Key Takeaway
Frayser is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frayser, TN
How much do homes in Frayser, TN cost?
Median Sold Price
$75,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$31,500(-29.4%)
Key Takeaway
Homes in Frayser have sold for 29.4% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $53K | N/A |
| 3 Bedrooms | $96.7K | $77K | -20.4% |
| 4 Bedrooms | $158.3K | $90K | -43.2% |
| 5+ Bedrooms | - | $126.2K | N/A |
Summary: Frayser housing prices by bedroom type for October 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 decreased by 20.4%, 4 bedroom homes decreased by 43.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northhaven | $54.7K | $96.7K | +76.6% |
| Rangeline | $88K | $107K | +21.6% |
| Frayser | $107K | $75.5K | -29.4% |
| Alta Vista | $160.5K | $84.9K | -47.1% |
Housing Supply in Frayser, TN
How many homes are available in Frayser, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Summary: The Frayser real estate market had 50 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 27 | 34 | +25.9% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Frayser 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 increased by 12.5%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 18 | +125.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frayser, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Frayser in October 2024, up by 125.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Frayser, TN
We’re sorry, we don't have information for this market at the moment
