$3,787 Closing Credit*
$318,900
1,540 SqFt
3 Beds
•2 Full Baths
Sonja Brown, Listing Office: American Way Real Estate
Is Gordonsville, 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, Gordonsville was a Neutral Market.
Key Takeaway
Gordonsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gordonsville, TN
How much do homes in Gordonsville, TN cost?
Median Sold Price
$405,000
$186/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$70,000(+20.9%)
Key Takeaway
Homes in Gordonsville have sold for 20.9% more than they did a month ago.
Summary: The median home sold price in Gordonsville was $405,000 in November 2024, up 20.9% from last month, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $71.5K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $334.9K | $405K | +20.9% |
| 4 Bedrooms | - | $1.4M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Gordonsville 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 increased by 20.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elmwood | $235K | $537K | +128.5% |
| Gordonsville | $334.9K | $405K | +20.9% |
| Hickman | $320K | $330K | +3.1% |
Housing Supply in Gordonsville, TN
How many homes are available in Gordonsville, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Gordonsville real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gordonsville 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gordonsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Gordonsville in November 2024, up by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gordonsville, TN
How long does it take to sell a home in Gordonsville, TN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 21 Days | -80.1% |
Summary: Homes in Gordonsville had an average of 21 days on market in Nov 2024, down by 80.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gordonsville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Gordonsville; 67% of homes were sold within 30 days, 33% 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.