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 20 Days Ago

Newest Listings in Lascassas, TN

Nearby Markets to Lascassas, TN