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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henning is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Henning has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Henning, TN

How much do homes in Henning, TN cost?

Median Sold Price

$38,500

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$152,875(-79.9%)

Key Takeaway

Homes in Henning have sold for 79.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$38.5K
N/A
3 $191.3K-
N/A
4 --
N/A
5+ --
N/A

Summary: Henning 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.

Median Sold Price Compared To Nearby Cities

Ripley
-63.1%
Henning
-79.9%

Housing Supply in Henning, TN

How many homes are available in Henning, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43-25.0%

Summary: The Henning real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Henning 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 Henning, 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 Henning in November 2024, down by 50.0% month-over-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 Henning, 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 18 Days Ago

Newest Listings in Henning, TN

Nearby Markets to Henning, TN

What housing markets are near Henning, TN?