$5,343 Closing Credit*
$449,950
2,169 SqFt
3 Beds
•2 Full Baths
Irina Menako, Listing Office: Century 21 Coffee County Realty & Auction
Is Hohenwald, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hohenwald was a Seller's Market.
Key Takeaway
Hohenwald is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hohenwald, TN
How much do homes in Hohenwald, TN cost?
Median Sold Price
$250,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$100(0%)
Key Takeaway
The sold price of homes in Hohenwald has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $287.5K | +130.0% |
| 2 Bedrooms | $178.5K | $175K | -2.0% |
| 3 Bedrooms | $260.5K | $252.1K | -3.2% |
| 4 Bedrooms | $275.7K | $432.4K | +56.8% |
| 5+ Bedrooms | $499.9K | $130K | -74.0% |
Summary: Hohenwald housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 130%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 56.8%, and 5+ bedroom homes decreased by 74%.
Housing Supply in Hohenwald, TN
How many homes are available in Hohenwald, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 61 | -3.2% |
Summary: The Hohenwald real estate market had 61 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hohenwald 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 increased by 50%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hohenwald, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Hohenwald in November 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Hohenwald, TN
How long does it take to sell a home in Hohenwald, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 70 Days | +27.9% |
Summary: Homes in Hohenwald had an average of 70 days on market in Nov 2024, up by 27.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hohenwald are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 9 homes were sold in Hohenwald; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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