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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hixson is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Hixson has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hixson, TN

How much do homes in Hixson, TN cost?

Median Sold Price

$368,636

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$17,302(+4.9%)

Key Takeaway

Homes in Hixson have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Hixson was $368,636 in December 2024, up 4.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$100K
N/A
2 $364K$318K
-12.6%
3 $314.8K$332K
+5.5%
4 $390K$454K
+16.4%
5+ $515K$460.1K
-10.6%

Summary: Hixson 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 12.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 10.6%.

Housing Supply in Hixson, TN

How many homes are available in Hixson, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
104109+4.8%

Summary: The Hixson real estate market had 109 homes for sale in December 2024, a 4.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 99
0.0%
3 4853
+10.4%
4 3337
+12.1%
5+ 1410
-28.6%

Summary: The Hixson 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 remained the same, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2137+76.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hixson, expect to pay close to the asking price. 43.2% of homes here sold near the asking price last month.

Summary: A total of 37 homes were sold or pending in Hixson in December 2024, up by 76.2% month-over-month. Of the 37 sold homes, 35% were sold under asking, 43% were sold at asking, and 22% were sold over asking.

Days on Market for Hixson, TN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days41 Days+389.1%

Summary: Homes in Hixson had an average of 41 days on market in Dec 2024, up by 389.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 37 homes were sold in Hixson; 22% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

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