$4,216 Closing Credit*
$354,999
3 Beds
•2 Full Baths
Listing Office: Keller Williams
Is High Point Terrace, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, High Point Terrace was a Seller's Market.
Key Takeaway
High Point Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in High Point Terrace, TN
How much do homes in High Point Terrace, TN cost?
Median Sold Price
$415,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$45,050(+12.2%)
Key Takeaway
Homes in High Point Terrace have sold for 12.2% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $345.1K | $293K | -15.1% |
| 3 Bedrooms | $345K | $446.3K | +29.4% |
| 4 Bedrooms | $532.8K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: High Point Terrace 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 decreased by 15.1%, 3 bedroom homes increased by 29.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| High Point Terrace | $369.9K | $415K | +12.2% |
| Grahamwood | $132K | $105K | -20.5% |
| Berclair | $128K | $90K | -29.7% |
Housing Supply in High Point Terrace, TN
How many homes are available in High Point Terrace, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The High Point Terrace real estate market had 35 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The High Point Terrace 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 decreased by 18.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in High Point Terrace, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in High Point Terrace in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for High Point Terrace, TN
We’re sorry, we don't have information for this market at the moment
