$4,750 Closing Credit*
$400,000
1,785 SqFt
3 Beds
•2 Full Baths
Dai Za Mang, Listing Office: Historic & Distinctive Homes, LLC
Is La Vergne, 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, La Vergne was a Seller's Market.
Key Takeaway
La Vergne 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 La Vergne, TN
How much do homes in La Vergne, TN cost?
Median Sold Price
$359,966
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,470(-0.4%)
Key Takeaway
The sold price of homes in La Vergne has remained the same since last year.
Summary: The median home sold price in La Vergne was $359,966 in November 2024, down 0.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $254.3K | $249K | -2.1% |
| 3 Bedrooms | $337K | $350K | +3.9% |
| 4 Bedrooms | $477.1K | $425K | -10.9% |
| 5+ Bedrooms | $541.6K | $569K | +5.1% |
Summary: La Vergne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Smyrna | $407.4K | $437.4K | +7.4% |
| La Vergne | $361.4K | $359.9K | -0.4% |
Housing Supply in La Vergne, TN
How many homes are available in La Vergne, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 176 | 170 | -3.4% |
Summary: The La Vergne real estate market had 170 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 103 | 101 | -1.9% |
| 4 Bedrooms | 45 | 42 | -6.7% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The La Vergne 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 decreased by 7.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 26 | -38.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Vergne, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in La Vergne in November 2024, down by 38.1% month-over-month. Of the 25 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.
Days on Market for La Vergne, TN
How long does it take to sell a home in La Vergne, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 24 Days | +55.7% |
Summary: Homes in La Vergne had an average of 24 days on market in Nov 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in La Vergne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in La Vergne; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% 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.