$3,739 Closing Credit*
$314,900
909 SqFt
3 Beds
•1 Full Bath
Listing Office: Rogue Real Estate Company llc
Is Lakesite, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Lakesite has remained a Seller's Market.
Key Takeaway
Lakesite is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lakesite, TN
How much do homes in Lakesite, TN cost?
Median Sold Price
$400,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,750(+0.7%)
Key Takeaway
Homes in Lakesite have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Lakesite was $400,000 in December 2024, up 0.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $345K | -13.8% |
| 3 Bedrooms | $383K | $342.5K | -10.6% |
| 4 Bedrooms | $459K | $470K | +2.4% |
| 5+ Bedrooms | $443.7K | $368.8K | -16.9% |
Summary: Lakesite 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 13.8%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 16.9%.
Housing Supply in Lakesite, TN
How many homes are available in Lakesite, TN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Summary: The Lakesite real estate market had 10 homes for sale in December 2024, a 33.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lakesite 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 decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakesite, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Lakesite in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lakesite, TN
How long does it take to sell a home in Lakesite, TN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakesite are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in Lakesite; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2025 of the REALTRACS MLS. All rights Reserved.