$2,494 Closing Credit*
$210,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: MidSouth Residential, LLC
Is Lauderdale County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lauderdale County was a Seller's Market.
Key Takeaway
Lauderdale County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lauderdale County, TN
How much do homes in Lauderdale County, TN cost?
Median Sold Price
$86,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$96,500(-52.9%)
Key Takeaway
Homes in Lauderdale County have sold for 52.9% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $38.5K | -45.0% |
| 3 Bedrooms | $187.4K | $130K | -30.6% |
| 4 Bedrooms | $180K | $182K | +1.1% |
| 5+ Bedrooms | $318K | $90K | -71.7% |
Summary: Lauderdale County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45%, 3 bedroom homes decreased by 30.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 71.7%.
Median Sold Price Compared To Nearby Counties
| Mississippi County | $165K | $215.1K | +30.4% |
| Tipton County | $276K | $280.5K | +1.6% |
| Lauderdale County | $182.5K | $86K | -52.9% |
Housing Supply in Lauderdale County, TN
How many homes are available in Lauderdale County, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The Lauderdale County real estate market had 62 homes for sale in November 2024, a 5.1% increase 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 | 11 | 10 | -9.1% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Lauderdale County 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 9.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lauderdale County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lauderdale County in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Lauderdale County, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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