Is Graysville, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graysville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Graysville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Graysville, TN

How much do homes in Graysville, TN cost?

Median Sold Price

$289,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,100(+23.0%)

Key Takeaway

Homes in Graysville have sold for 23% more than they did a year ago.

Summary: The median home sold price in Graysville was $289,000 in October 2024, up 23% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $241K$208.8K
-13.4%
3 $234.9K$289K
+23.0%
4 -$572.5K
N/A
5+ -$484K
N/A

Summary: Graysville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 23%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Graysville
+44.3%
Graysville
+23.0%
Dayton
-1.1%

Housing Supply in Graysville, TN

How many homes are available in Graysville, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The Graysville real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2021
+5.0%
4 11
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Graysville, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Graysville in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.

Days on Market for Graysville, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days71 Days+408.3%

Summary: Homes in Graysville had an average of 71 days on market in Oct 2024, up by 408.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Graysville has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Graysville; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 20 Days Ago

Newest Listings in Graysville, TN

Nearby Markets to Graysville, TN

What housing markets are near Graysville, TN?