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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Joelton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Joelton was a Buyer's Market.

Key Takeaway

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

Housing Prices in Joelton, TN

How much do homes in Joelton, TN cost?

Median Sold Price

$480,000

$217/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$80,000(+20.0%)

Key Takeaway

Homes in Joelton have sold for 20% more than they did a month ago.

Summary: The median home sold price in Joelton was $480,000 in December 2024, up 20% from last month, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $392.5K$470K
+19.7%
4 $970K$525.5K
-45.8%
5+ --
N/A

Summary: Joelton housing prices by bedroom type for December 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 increased by 19.7%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes did not change.

Housing Supply in Joelton, TN

How many homes are available in Joelton, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2423-4.2%

Summary: The Joelton real estate market had 23 homes for sale in December 2024, a 4.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1313
0.0%
4 76
-14.3%
5+ 22
0.0%

Summary: The Joelton 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Joelton, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Joelton in December 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Joelton, TN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
4 Days41 Days+781.6%

Summary: Homes in Joelton had an average of 41 days on market in Dec 2024, up by 781.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 7 homes were sold in Joelton; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 6 Days Ago

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