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

Since last month, Harbortown / Mud Island has remained a Buyer'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

$380,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$115,000(+43.4%)

Key Takeaway

Homes in Harbortown / Mud Island have sold for 43.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $265K$425K
+60.4%
3 -$335K
N/A
4 --
N/A
5+ --
N/A

Summary: Harbortown / Mud Island 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 increased by 60.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Harbortown / Mud Island
+43.4%
Downtown
+37.3%
Frayser
-29.4%

Housing Supply in Harbortown / Mud Island, TN

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3852+36.8%

Summary: The Harbortown / Mud Island real estate market had 52 homes for sale in October 2024, a 36.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 710
+42.9%
3 1724
+41.2%
4 1114
+27.3%
5+ 23
+50.0%

Summary: The Harbortown / Mud Island 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 42.9%, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Harbortown / Mud Island in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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 17 Days Ago

Newest Listings in Harbortown / Mud Island, TN

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