$3,384 Closing Credit*
$285,000
1,560 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9974541, Ashton Crawford, Listing Office: Greater Impact Realty Jonesborough
Is Limestone, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Limestone was a Seller's Market.
Key Takeaway
Limestone is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Limestone, TN
How much do homes in Limestone, TN cost?
Median Sold Price
$299,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,500(+11.8%)
Key Takeaway
Homes in Limestone have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Limestone was $299,500 in November 2024, up 11.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | - | N/A |
| 2 Bedrooms | $195K | $259.9K | +33.3% |
| 3 Bedrooms | $265K | $300K | +13.2% |
| 4 Bedrooms | $292.5K | $316K | +8.0% |
| 5+ Bedrooms | $175K | $705K | +302.9% |
Summary: Limestone housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 302.9%.
Housing Supply in Limestone, TN
How many homes are available in Limestone, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The Limestone real estate market had 26 homes for sale in November 2024, a 10.3% decrease 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Limestone 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Limestone, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Limestone in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Limestone, TN
How long does it take to sell a home in Limestone, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 90 Days | +22.1% |
Summary: Homes in Limestone had an average of 90 days on market in Nov 2024, up by 22.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Limestone are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Limestone; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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