$2,791 Closing Credit*
$234,990
1,474 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jeffrey "Jeff" James, Listing Office: D.R. Horton
Is Lewisburg, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lewisburg was a Seller's Market.
Key Takeaway
Lewisburg 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 Lewisburg, TN
How much do homes in Lewisburg, TN cost?
Median Sold Price
$284,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,400(+2.3%)
Key Takeaway
Homes in Lewisburg have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Lewisburg was $284,000 in October 2024, up 2.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $160K | +45.5% |
| 2 Bedrooms | $145K | $175K | +20.7% |
| 3 Bedrooms | $279.9K | $278.1K | -0.6% |
| 4 Bedrooms | $345K | $409.8K | +18.8% |
| 5+ Bedrooms | $325K | $510K | +56.9% |
Summary: Lewisburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 20.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 56.9%.
Housing Supply in Lewisburg, TN
How many homes are available in Lewisburg, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 139 | +11.2% |
Summary: The Lewisburg real estate market had 139 homes for sale in October 2024, a 11.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 96 | 105 | +9.4% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lewisburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lewisburg, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Lewisburg in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Lewisburg, TN
How long does it take to sell a home in Lewisburg, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 46 Days | +12.4% |
Summary: Homes in Lewisburg had an average of 46 days on market in Oct 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lewisburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Lewisburg; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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.