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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heiskell is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Heiskell was a Neutral Market.

Key Takeaway

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

Housing Prices in Heiskell, TN

How much do homes in Heiskell, TN cost?

Median Sold Price

$300,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$22,750(-7.0%)

Key Takeaway

Homes in Heiskell have sold for 7% less than they did a year ago.

Summary: The median home sold price in Heiskell was $300,000 in December 2024, down 7% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $400K$141.1K
-64.7%
3 $290K$317.2K
+9.4%
4 $360K$615K
+70.8%
5+ $890K$226.7K
-74.5%

Summary: Heiskell housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 70.8%, and 5+ bedroom homes decreased by 74.5%.

Median Sold Price Compared To Nearby Cities

Powell
+9.4%
Heiskell
-7.0%
Andersonville
-12.0%

Housing Supply in Heiskell, TN

How many homes are available in Heiskell, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
812+50.0%

Summary: The Heiskell real estate market had 12 homes for sale in December 2024, a 50.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 69
+50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Heiskell 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heiskell, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Heiskell in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Heiskell, TN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days26 Days+6.7%

Summary: Homes in Heiskell had an average of 26 days on market in Dec 2024, up by 6.7% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Heiskell are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Heiskell; 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.

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

Report Updated 6 Days Ago

Newest Listings in Heiskell, TN

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