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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lascassas is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lascassas was a Neutral Market.

Key Takeaway

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

Housing Prices in Lascassas, TN

How much do homes in Lascassas, TN cost?

Median Sold Price

$569,900

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,452(+2.8%)

Key Takeaway

Homes in Lascassas have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Lascassas was $569,900 in October 2024, up 2.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $1.6M$650.4K
-59.8%
3 $385K$477.4K
+24.0%
4 $589.9K$590K
0.0%
5+ $604.9K$662.4K
+9.5%

Summary: Lascassas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.8%, 3 bedroom homes increased by 24%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.5%.

Housing Supply in Lascassas, TN

How many homes are available in Lascassas, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The Lascassas real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 910
+11.1%
4 1111
0.0%
5+ 11
0.0%

Summary: The Lascassas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lascassas, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Lascassas in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Lascassas, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days31 Days-16.1%

Summary: Homes in Lascassas had an average of 31 days on market in Oct 2024, down by 16.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Lascassas; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 13 Days Ago

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