Is Hollywood / Hyde Park / Springdale, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hollywood / Hyde Park / Springdale is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Hollywood / Hyde Park / Springdale has remained a Buyer's Market.

Key Takeaway

Hollywood / Hyde Park / Springdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hollywood / Hyde Park / Springdale, TN

How much do homes in Hollywood / Hyde Park / Springdale, TN cost?

Median Sold Price

$44,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,738(-36.9%)

Key Takeaway

Homes in Hollywood / Hyde Park / Springdale have sold for 36.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $87.5K$29K
-66.9%
3 $69.7K$59K
-15.4%
4 --
N/A
5+ --
N/A

Summary: Hollywood / Hyde Park / Springdale 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 decreased by 66.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Rhodes / Hollywood / Springdale
+53.3%
Raleigh
+8.9%
Hollywood / Hyde Park / Springdale
-36.9%

Housing Supply in Hollywood / Hyde Park / Springdale, TN

How many homes are available in Hollywood / Hyde Park / Springdale, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3033+10.0%

Summary: The Hollywood / Hyde Park / Springdale real estate market had 33 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 1617
+6.3%
4 45
+25.0%
5+ 00
0.0%

Summary: The Hollywood / Hyde Park / Springdale 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 11.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hollywood / Hyde Park / Springdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hollywood / Hyde Park / Springdale in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hollywood / Hyde Park / Springdale, 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 21 Days Ago

Newest Listings in Hollywood / Hyde Park / Springdale, TN

Nearby Markets to Hollywood / Hyde Park / Springdale, TN