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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Helenwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Helenwood has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Helenwood, TN

How much do homes in Helenwood, TN cost?

Median Sold Price

$149,000

$186/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$111,000(-42.7%)

Key Takeaway

Homes in Helenwood have sold for 42.7% less than they did a month ago.

Summary: The median home sold price in Helenwood was $149,000 in November 2024, down 42.7% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$149K
N/A
3 $260K-
N/A
4 --
N/A
5+ --
N/A

Summary: Helenwood 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Helenwood, TN

How many homes are available in Helenwood, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The Helenwood real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 44
0.0%
5+ 12
+100.0%

Summary: The Helenwood 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Helenwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Helenwood in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Helenwood, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days4 Days-83.3%

Summary: Homes in Helenwood had an average of 4 days on market in Nov 2024, down by 83.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Helenwood; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Helenwood, TN

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What housing markets are near Helenwood, TN?