Is Harbortown / Mud Island, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harbortown / Mud Island is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Harbortown / Mud Island was a Seller's Market.

Key Takeaway

Harbortown / Mud Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harbortown / Mud Island, TN

How much do homes in Harbortown / Mud Island, TN cost?

Median Sold Price

$305,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$95,000(-23.8%)

Key Takeaway

Homes in Harbortown / Mud Island have sold for 23.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $334.9K$300K
-10.4%
3 $415K$305K
-26.5%
4 $782.5K$345K
-55.9%
5+ --
N/A

Summary: Harbortown / Mud Island housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 55.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Harbortown / Mud Island
-23.8%
Frayser
-29.6%
Downtown
-53.0%

Housing Supply in Harbortown / Mud Island, TN

How many homes are available in Harbortown / Mud Island, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4642-8.7%

Summary: The Harbortown / Mud Island real estate market had 42 homes for sale in December 2024, a 8.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 2220
-9.1%
4 1314
+7.7%
5+ 33
0.0%

Summary: The Harbortown / Mud Island housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harbortown / Mud Island, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harbortown / Mud Island in December 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Harbortown / Mud Island, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Harbortown / Mud Island, TN

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